Property profile

840 Complex St Lenoir, NC 28645

OFF-MARKET
Warehouses
492,000 SF Built 1970
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Property summary

AI-generated overview

This exceptional 492,000 square foot industrial warehouse, located at 840 Complex St SW in Lenoir, NC, offers significant leasing opportunities. Built in 1970 and extensively renovated in 2022, the property sits on a substantial 25.78-acre lot and is zoned I-2 Heavy Industrial. The single-story building features a 20-foot ceiling height, providing ample vertical space for storage and operations. The property is currently multi-tenant, with two suites available. Divisible spaces range from a minimum of 179,760 square feet to a maximum contiguous space of 308,160 square feet, catering to a variety of business needs. With 487,920 square feet currently vacant, this presents a rare opportunity for significant space acquisition. The property boasts five drive-in doors for convenient loading and unloading, and ample parking with 100 vehicle spaces. The robust electrical infrastructure includes 480V 3-phase 4-wire switchgear. Located in Caldwell County, this prime location offers excellent access to transportation networks, making it an ideal choice for distribution and warehousing operations. This property is perfect for businesses seeking large-scale industrial space in a well-maintained and strategically located facility.

Property profile

Verified
Property type Warehouses
Year built 1970
Total area 492,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

840 Complex St Lenoir, NC 28645
Lenoir metro
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Value estimations

Realmo proprietary · 4 methods
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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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