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    5203 Castle Hayne Rd Castle Hayne, NC 28429

    Sponsored
    For Sale
    $685,000

    Industrial Warehouse, 2904 sq ft, NC

    Property size:
    2,904 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional industrial property, located at 5203 Castle Hayne Road in Castle Hayne, North Carolina, 28429, presents a unique investment opportunity. Priced at $685,000, this 2,904 square foot warehouse sits on a B-2 zoned lot boasting 105 feet of road frontage on Castle Hayne Road. The property comprises three buildings: two 24x60 foot structures and a 24x21 foot office building. The front building, constructed in 1984, features one two-post and one four-post auto lift, three roll-up overhead doors, an overhead propane shop heater, and an air compressor. The rear building, built in 2006, offers four roll-up overhead doors, an air compressor, and overhead electric heaters. This property is ideally suited for a mechanic or similar business, offering ample space and existing equipment. The seller will require a post-closing period to remove personal items, with the seller covering the associated costs. This turnkey opportunity combines prime location, substantial square footage, and ready-to-use equipment, making it an attractive proposition for a discerning buyer. The property's convenient location and ample road frontage provide excellent visibility and accessibility.

    Property Features for 5203 Castle Hayne Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    2,904 SF

    HighLights

    • $685,000 asking price for a 2,904 sq ft warehouse in Castle Hayne, NC.
    • Located on a B‑2 zoned lot with 105 ft of road frontage on Castle Hayne Road.
    • Three buildings total: two 24x60 ft structures and one 24x21 ft office.
    • Features multiple roll‑up doors, auto lifts, air compressors, and overhead heaters in both warehouse structures.
    • Seller will remove personal items post‑closing at seller's expense.
    Property Profile Location Intelligence

    Current Use by Public Records

    B & L Custom Auto Body Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Gym & Fitness Auto Parts Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Castle Hayne
    County
    NEW HANOVER
    State
    North Carolina
    Longitude
    -77.902934
    Latitude
    34.346435

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    FAQs

    What type of property is this?
    Distribution property - Industrial Warehouse, 2904 sq ft, NC
    Where is this distribution property located?
    The property is located at 5203 Castle Hayne Rd Castle Hayne, NC.
    What is the asking price?
    The asking price for this property is $685,000.
    What are key features of this property?
    This property features: $685,000 asking price for a 2,904 sq ft warehouse in Castle Hayne, NC.; Located on a B-2 zoned lot with 105 ft of road frontage on Castle Hayne Road.; Three buildings total: two 24x60 ft structures and one 24x21 ft office.
    Request Owner's contact information
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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
    5203 Castle Hayne Rd Castle Hayne, NC 28429
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