Property summary
This exceptional 3,000 square foot industrial property, situated on a generous 4.49-acre lot in Moncure, NC, presents a compelling investment opportunity. Located on Old US #1 (Deep River Road), the property boasts over 600 feet of road frontage, offering excellent visibility and accessibility. The main structure is a 50 x 60 workshop, previously and successfully operated as an automotive repair shop for several years. Currently zoned Commercial/Light Industrial, this versatile space is equipped with three roll-up bay doors (two facing the front and one on the side), two man doors, and a restroom. The property benefits from true three-phase, no high-leg pole electricity, a significant advantage for many industrial operations. Its strategic location neighbors a hydroelectric plant. Detailed plans for water and sewer connection are available upon request. High-quality photographs showcase both the property's original state and its current condition. A 90-day period is offered to the current tenant for the removal of their equipment and vehicles, either before or after closing, providing flexibility for the new owner. This property offers a unique blend of location, size, and functionality, making it ideal for a variety of industrial or commercial uses. The ample acreage provides room for expansion or future development. This is a rare opportunity to acquire a well-established industrial property in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Tour Operator
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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