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    1000 Butler Ave Liberty, NC 27298

    For Sale
    $18,500,000

    182,000 SF Warehouse, Multi-Tenant

    Property size:
    182,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 182,000-square-foot industrial property, situated on a sprawling 42-acre lot in Liberty, North Carolina, presents a unique investment opportunity. Currently owner-occupied, the property will be vacated upon sale, offering immediate occupancy for the new owner. The building, constructed in 1968, features a single story with a 17-foot ceiling height, providing ample space for various industrial uses. The property boasts 11 loading docks and 10 dock-high doors, ensuring efficient material handling. The facility is fully sprinklered with 5 zones, enhancing safety and security. Its multi-tenant configuration allows for flexibility and diverse income streams. The property is zoned MULTI, allowing for a range of potential uses. Significant recent improvements have been completed as part of a successful Phase 1 project. All heavy utilities are already installed. Strategically located just four miles from the new Toyota Megasite (operational mid-2025), this property benefits from excellent access to transportation and a growing workforce. The asking price is $18,500,000, translating to $108.52 per square foot. This is a gross lease property with three units. The property's size, location, and features make it an ideal choice for businesses seeking a substantial and well-equipped industrial space in a rapidly developing area. The easily expandable nature of the site offers significant long-term growth potential.

    Property Features for 1000 Butler Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    182,000 SF
    Lot Size
    1,829,520 SF

    Building Details

    Year Built
    1968
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • 182,000 SF industrial building on a 42‑acre lot in Liberty, NC.
    • 4 miles from the new Toyota Megasite (opening mid‑2025).
    • Owner‑occupied, vacant upon sale.
    • Fully sprinklered with 5 zones.
    • Easily expandable site.
    • Recent Phase 1 improvements completed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Pharmacy Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Liberty
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.55947387
    Latitude
    35.87018936

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    FAQs

    What type of property is this?
    Distribution property - 182,000 SF Warehouse, Multi-Tenant
    Where is this distribution property located?
    The property is located at 1000 Butler Ave Liberty, NC.
    What is the asking price?
    The asking price for this property is $18,500,000.
    What are key features of this property?
    This property features: 182,000 SF industrial building on a 42-acre lot in Liberty, NC.; 4 miles from the new Toyota Megasite (opening mid-2025).; Owner-occupied, vacant upon sale.
    Request Owner's contact information
    1000 Butler Ave Liberty, NC 27298
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1000 Butler Ave Liberty, NC 27298
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