840 Complex St Lenoir, NC 28645
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 840 Complex St
- Year built
- 1970
- Lot size
- 25.78 lot acres
- Property size
- 492,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 492,000-square-foot industrial warehouse, located at 840 Complex Street Southwest in Lenoir, North Carolina (zip code 28645), presents a compelling value-add investment opportunity. The property, situated on 25.78 acres and zoned I-2 Heavy Industrial, boasts a single-story design built in 1970 and extensively renovated in 2021. The building features a new membrane roof (2022), energy-efficient LED lighting, and ESFR sprinkler coverage throughout. High ceilings (20 feet clear) and a column spacing of primarily 46' x 30' provide ample space for efficient operations. Loading is facilitated by 98 dock-high doors (98' x 9', with hydraulic levelers, seals, and lights), eight additional 10' x 10' dock-high doors, one 18' x 32' drive-in door, and four 12' x 16' drive-in doors. The building is conveniently divided by a firewall into approximately 308,160 and 179,760 square-foot sections. Currently vacant, the property is available for occupancy on December 31, 2024, offering significant potential for a wide range of industrial and distribution uses. The asking price is $27,060,000. This property represents a rare opportunity to acquire a substantial, well-maintained warehouse in a strategic location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lenoir
- County
- Caldwell
- State
- North Carolina
- Longitude
- -81.5695
- Latitude
- 35.8884
