Industrial Warehouse with Stadium
For Sale
$215,000
Pending
900 Douglas St S, Wilson, NC 27893
Warehouse on nearly half an acre, offering flexible live/work or commercial redevelopment concepts near the Wilson stadium.
Property Size3,000 SF
Lot Size0.50 Acres
Days on Market141
Property Features for 900 Douglas St S
General Information
Standard status
Pending
Size
3,000 SF
Lot size
0.50 Acres
Listing Agency:
EXP Realty LLC
(919) 358-2297
Listed By:
Amaree Leak
(919) 358-2297
Source:
Exprealty
Added: Mar 13
Changed: Jul 10
Last Checked: Jul 30 at 6:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC
Investment Insights
Based on property information with market context.
The property is an industrial warehouse of approximately 3,000 square feet on nearly half an acre, configured to support commercial activity and potential mixed-use redevelopment. In addition to the warehouse structure and site area, the location provides a direct view of the stadium from the warehouse.
Situated in the city limits of Wilson, NC at 900 Douglas St S, the property is described as being within walking distance to the new Wilson baseball stadium. This proximity and line of sight from the warehouse are central to the property’s appeal for entertainment-oriented concepts or flexible creative use.
The asset is positioned for a range of tenant and buyer needs, including a creative workspace, small business operations, or a live/work concept, based on the combination of an industrial structure and the on-site land area. For investors or developers, it offers a straightforward platform for commercial and residential mix scenarios, while keeping the existing warehouse building as a usable starting point.
Situated in the city limits of Wilson, NC at 900 Douglas St S, the property is described as being within walking distance to the new Wilson baseball stadium. This proximity and line of sight from the warehouse are central to the property’s appeal for entertainment-oriented concepts or flexible creative use.
The asset is positioned for a range of tenant and buyer needs, including a creative workspace, small business operations, or a live/work concept, based on the combination of an industrial structure and the on-site land area. For investors or developers, it offers a straightforward platform for commercial and residential mix scenarios, while keeping the existing warehouse building as a usable starting point.
Key Highlights
- Approximately 3,000 sq ft industrial warehouse on nearly half an acre in Wilson city limits.
- Mixed‑use potential with flexibility for commercial and residential redevelopment concepts.
- Direct view of the Wilson baseball stadium from the warehouse.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.1k | $8.04 |
| − Vacancy | −$482 | −$0.16 |
| EGI | $23.6k | $7.88 |
| − OpEx | −$7.1k | −$2.36 |
| NOI | $16.5k | $5.52 |
3,000 SF · lease $8.04/SF/yr · vacancy 2.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$540.0K
$472.5K – $630.0K
NOI $37,800 @ 7.0% cap · market cap 17.58%
Second Best
Mixed Use
$424.3K
$371.3K – $495.0K
NOI $29,700 @ 7.0% cap · market cap 13.81%
Theoretical Best
Office A
$720.0K
$630.0K – $840.1K
NOI $50,403 @ 7.0% cap · market cap 23.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 27893, NC
37,131
Population
18,383
Households
2
Avg Household Size
41
Median Age
15%
College-Educated
79%
High-School Grad
109.0 sq mi
ZIP Area
341
Density / Sq Mi
$40,180
Median Household Income
$31,197
Median Earnings
$894
Median Rent
$153,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- MoonRunners Food Truck — 217 South St S, Wilson, NC 27893, United States
- Howell's Unique Catering Services — Wilson, NC 27893, United States
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse on nearly half an acre, offering flexible live/work or commercial redevelopment concepts near the Wilson stadium.
Where is this flex space located?
The property is located at 900 Douglas St S Wilson, NC.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Approximately 3,000 sq ft industrial warehouse on nearly half an acre in Wilson city limits.; Mixed‑use potential with flexibility for commercial and residential redevelopment concepts.; Direct view of the Wilson baseball stadium from the warehouse.
