137 Elberta Ln Warrenton, NC 27589
This exceptional industrial property, known as the Elberta Crate, presents a unique investment opportunity in Warrenton, North Carolina. The 41.94-acre site boasts a total of 127,750 square feet of warehouse space, spread across three buildings, including two manufacturing facilities and a boiler building. The buildings feature approximately 18-foot eaves and 23-foot center ceiling heights, providing ample vertical space. The property is zoned for industrial use and offers significant potential for a variety of businesses. Two manufacturing buildings are equipped with substantial on-site power, each featuring its own transformer. Beyond the buildings, the property includes considerable yard space ideal for outside storage or distribution operations. Utilities are readily available, including water, sewer, and power, with natural gas nearby. Strategically located just eight miles from the Oine Road Interchange at I-85 and ten miles from the Manson Drewry Interchange, this property offers easy access to major transportation arteries, including I-85, Highway 1, Highway 158, and Highway 58. Its proximity to Research Triangle Park (RTP) and Raleigh-Durham International Airport (RDU), both within 65 miles, further enhances its appeal. The asking price for this expansive property, encompassing land and buildings, is $2,250,000. This presents a rare chance to acquire a well-situated industrial property with substantial building space, ample yard area, and excellent access to major transportation networks. The property's APN is 2957010333.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.