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    572 New St Eden, NC 27288

    Sponsored
    For Lease
    $4 SF/Yr

    533,424 SF Manufacturing/Warehouse

    Lot size:
    533,424 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 533,424-square-foot industrial property in Rockingham County presents a unique investment opportunity. Situated on a generous 50.5-acre lot, this multi-tenant building offers significant flexibility. Built in 1966, the six-story structure boasts impressive features including 23 dock-high loading doors strategically located for efficient operations. The high ceilings, ranging from 23 to 24 feet, provide ample vertical space for various industrial uses. The property benefits from extensive sprinkler coverage (mostly extra hazard ESFR) and ample parking for 350 vehicles, along with substantial trailer storage. The robust power supply features five 2,000-amp ITE 480Y/277-volt, 3-phase systems, ensuring sufficient capacity for demanding operations. Currently entirely vacant, this property is zoned I-2 and offers the potential for subdivision to accommodate tenants ranging from 50,000 to 533,424 square feet. Floor plans are available to illustrate the layout and various sizing options. Its history of successful use for manufacturing and warehousing makes it ideally suited for a wide range of industrial applications. The property's APN is 181823. This is a rare opportunity to acquire a substantial, well-equipped industrial facility in a desirable location.

    Property Features for 572 New St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    533,424 SF
    Total Rate
    188921

    Building Details

    Year Built
    1966
    Stories
    6

    Unit(s) available at that property

    Space
    Up to 533,424 SF (Full building)
    Size
    533,424 SF
    Rate per SF
    $4

    HighLights

    • 533,424 SF industrial building available for lease or sale.
    • Multiple tenancy options, with space ranging from 50,000 SF to the full building.
    • 50.5‑acre lot in Rockingham County.
    • Six‑story building, built in 1966, with 23‑24' ceiling heights.
    • 23 dock‑high doors, 350 parking spaces, and ample trailer storage.
    • Equipped with five 2,000‑amp, 480Y/277‑volt, 3‑phase power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Furniture Transport Furniture Store

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Furniture Store Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Eden
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.705843
    Latitude
    36.498089

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Distribution property - 533,424 SF Manufacturing/Warehouse
    Where is this distribution property located?
    The property is located at 572 New St Eden, NC.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 533,424 SF industrial building available for lease or sale.; Multiple tenancy options, with space ranging from 50,000 SF to the full building.; 50.5-acre lot in Rockingham County.
    Request Owner's contact information
    572 New St Eden, NC 27288
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    Eden, NC 27288
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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
    572 New St Eden, NC 27288
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