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    OFF-MARKET
    Warehouses

    402 Sandy St, Fairmont, NC 28340

    30,000 SF Built 1964
    Property ID
    Property summary
    AI-generated overview

    This exceptional 30,000-square-foot single-tenant warehouse, located at 402 Sandy Street in Fairmont, North Carolina, presents a unique investment opportunity. Situated in the Lumberton submarket and boasting a Class C rating, this property underwent a complete renovation in 2024, including a new roof, upgraded electrical power system, and energy-efficient LED lighting throughout. The building, constructed in 1964, features a single story with a generous 13'8" ceiling height, ideal for various industrial uses. Two loading docks and two dock-high doors ensure efficient loading and unloading operations. Ample parking is available with 50 total spaces. The property is serviced by Duke Energy Progress. The address is 402 Sandy Street, Fairmont, NC 28340, at the intersection of Sandy Street and Shockett. An adjacent lot provides additional space, perfect for trailer storage, expanding the property's functionality and potential. This well-maintained warehouse offers a blend of classic industrial character and modern upgrades, making it an attractive option for businesses seeking a functional and efficient space in a convenient location. The property's strategic location within the Lumberton submarket offers easy access to major transportation routes.

    Property profile
    Verified
    Property type Warehouses
    Year built 1964
    Total area 30,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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