325 Ave Dr Conover, NC 28613
This exceptional Conover, NC property, located at 325 Spencer Road NE & 3rd Avenue Drive, presents a unique investment opportunity. Encompassing a substantial 7.66 acres, this industrial building boasts a total of 55,172 square feet, strategically divided into 50,247 square feet of warehouse space and 4,925 square feet of executive office space. Built in 1978, the structure features a combination of high ceilings, ranging from 12 to 19 feet, perfect for diverse operational needs, including storage and manufacturing. A portion of the building offers climate-controlled environments, providing both heated and cooled areas for optimal comfort and productivity. The property's professional brick front is complemented by a durable metal roof. Its IND zoning designation ensures flexibility for a wide range of industrial uses. Situated just 1.8 miles from Interstate 40, this location offers unparalleled accessibility for transportation and logistics. The building is also equipped with a sprinkler system, enhancing safety and security. The asking price for this multi-functional property is $2,500,000. This property is located in Catawba County, NC, zip code 28613.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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