Property profile

402 Sandy St Fairmont, NC 28340

OFF-MARKET
Warehouses
30,000 SF Built 1964
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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

Location

402 Sandy St Fairmont, NC 28340
Fairmont metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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