Property profile

6282 Blount Hall Rd Grifton, NC 28530

OFF-MARKET
Industrial properties
6,979 SF 5.45 ac lot Built 1999
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Property summary

AI-generated overview

This exceptional commercial property in Grifton, NC, presents a unique investment opportunity. Located on Hwy 11, between Greenville and Kinston, this 6,979 square foot flex space offers a versatile layout ideal for various businesses. The main building comprises 4,700 square feet, including nine offices, three bathrooms, and a 1,200 square foot shop area. An additional 2,200 square foot house on the property provides extra shop space or residential accommodation, featuring three bedrooms and 3.5 bathrooms. Situated on a generous 5.45-acre lot, this property allows for significant expansion or the creation of a substantial lay-down yard. The property is zoned B1, permitting a range of commercial and general business uses. Built in 1999, this move-in ready facility offers easy access to NC Highway 11, making it a highly desirable location in eastern North Carolina. The property includes two buildings and is comprised of one unit, with a total of 6,979 square feet. The asking price is $1,100,000, representing a price per square foot of $157.62 and a price per unit of $1,100,000. The property's APN is 35249 & 42579. This is a prime location with ample space for growth and development, making it an excellent investment.

Property profile

Verified
Property type Industrial properties
Year built 1999
Total area 6,979 SF
Lot 5.45 ac (237,402 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

6282 Blount Hall Rd Grifton, NC 28530
Grifton metro
Google Maps

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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