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    101 New St Pink Hill, NC 28572

    Sponsored
    For Sale
    $1,250,000

    Prime NC Warehouse, 41,000 SF, $1.25M

    Property size:
    41,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property in Pink Hill, NC, presents a compelling investment opportunity. The property encompasses two buildings totaling 41,000 square feet on a 10.5-acre lot. The main 21,000 square foot building boasts a 13-foot ceiling height, recently renovated in 2022 with a new roof, upgraded lighting, and a modernized sprinkler system. It also includes approximately 1,600 square feet of office space featuring four offices, a large reception area, and two bathrooms. A secondary 20,000 square foot building offers additional storage or shelter space. The property features two loading docks, four dock-high doors, and ample parking for a high volume of vehicles. The property is zoned industrial and offers significant potential for future expansion. Built in 1966, this warehouse is ideally located at 101 W New St, Pink Hill, NC 28572, with convenient access to major transportation routes. The asking price is $1,250,000, translating to $30.49 per square foot. This property is a rare find, combining substantial space, recent renovations, and a strategic location in eastern North Carolina. The APN is 20927.

    Property Features for 101 New St

    General Information

    Property type
    Distribution properties
    Square Feet
    41,000 SF
    Lot Size
    457,380 SF

    Building Details

    Year Built/Renovated
    1966/2022
    Buildings
    2
    Stories
    1

    HighLights

    • $1,250,000 asking price for this industrial warehouse property.
    • 41,000 square feet total, with two buildings on a 10.5‑acre lot in Pink Hill, NC.
    • Main building features 21,000 square feet, 13‑foot ceilings, and 1,600 square feet of office space.
    • Secondary building offers 20,000 square feet of space.
    • Property includes 2 loading docks, 4 dock‑high doors, and ample parking.
    • Recently renovated in 2022 (roof, lighting, sprinkler system).
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pink Hill
    County
    Lenoir
    State
    North Carolina
    Longitude
    -77.746059
    Latitude
    35.049034

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Distribution property - Prime NC Warehouse, 41,000 SF, $1.25M
    Where is this distribution property located?
    The property is located at 101 New St Pink Hill, NC.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: $1,250,000 asking price for this industrial warehouse property.; 41,000 square feet total, with two buildings on a 10.5-acre lot in Pink Hill, NC.; Main building features 21,000 square feet, 13-foot ceilings, and 1,600 square feet of office space.
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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
    101 New St Pink Hill, NC 28572
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