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    OFF-MARKET
    Warehouses

    212 Nuway Packing Dr, Forest City, NC 28043

    25,000 SF 31.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 180,000-square-foot industrial facility in Forest City, NC, is ideally suited for food processing, cold storage, and warehousing. Located at 212 Nuway Packing Drive, this property sits on 31.7 acres and offers flexible space options, subdividable down to 25,000 square feet. The building boasts 87,976 square feet of cooler space and 17,500 square feet of freezer space, supported by robust ammonia-based cold systems and food-grade infrastructure, including floor drains and a spiral freezer. Nine dock doors with levelers and a drive-in door ensure efficient loading and unloading, while ample parking accommodates over 500 vehicles. The property features a 20' to 30' ceiling height, two 4,000-amp power services, and a wet sprinkler system. Its strategic location provides convenient access to major roadways including Route 74, Route 221, Route 64, and I-26, making it a prime location for regional distribution and logistics. The property was renovated in 2016. Asking price is $8,000,000.

    Property profile
    Verified
    Property type Warehouses
    Total area 25,000 SF
    Lot 31.7 ac (1,380,852 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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