Listing Agency: CONNELL REAL ESTATE Show Phone

Listed By: BRIANNA MERINO · License #357633 Show Phone

Added: May 1 Changed: Aug 25 Last Checked: Sep 19 at 10:06AM

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MLS# 761819

Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This warehouse property occupies 1.08 acres and includes a building organized around a substantial open area with office space at the front. The property is offered as-is, with no seller repairs. Reported conditions include interior wall damage, compromised flooring on the second level, water-related damage, and nonfunctioning water service in the kitchenette and front bathroom. Rear rooms are not permitted, and a deteriorating secondary structure is positioned behind the main building.

The site is in a Residential Agricultural zoning district. Certain commercial uses may require a Special Use Permit, with zoning regulations, permitted uses, and approval requirements subject to buyer and buyer-agent verification. Water is supplied by a well and wastewater is handled by a septic tank. The property is also subject to potential military noise and is situated near agricultural operations.

Key Highlights

• 1.08‑acre parcel with an existing warehouse structure
• Large open warehouse area with office space at the front
• Residential Agricultural zoning; certain commercial uses may require a Special Use Permit

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Electrical Service Plumbing Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 28377, NC

11,081

Population

4,715

Households

2.4

Avg Household Size

37

Median Age

13%

College-Educated

75%

High-School Grad

100.8 sq mi

ZIP Area

110

Density / Sq Mi

$34,892

Median Household Income

$31,670

Median Earnings

$665

Median Rent

$88,900

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Warehouse property with front office space, well and septic service, and Residential Agricultural zoning.

Where is this warehouse located?

The property is located at 918 Opal Road Red Springs, NC.

What is the asking price?

The asking price for this property is $120,000.

What are key features of this property?

This property features: 1.08‑acre parcel with an existing warehouse structure; Large open warehouse area with office space at the front; Residential Agricultural zoning; certain commercial uses may require a Special Use Permit