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    601 Old Wilmington Rd Wallace, NC 28466
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    601 Old Wilmington Rd, Wallace, NC 28466

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    • Warehouses
    • 700,000 SF
    • 54.36 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Warehouses

    Property Details for 601 Old Wilmington Rd

    Year built
    1951
    Lot size
    54.36 lot acres
    Property type
    Warehouses
    Property subtype
    Life science properties

    Description

    This expansive 700,000-square-foot industrial facility, situated on 54.36 acres in Wallace, North Carolina, presents a significant investment opportunity. The single-story building, constructed in 1951 and renovated in 1971, offers a flexible layout suitable for various uses including warehouse, manufacturing, distribution, and R&D. Currently, 450,000 square feet is available, divisible into minimum 10,000-square-foot spaces, with a maximum contiguous space of 150,000 square feet. The property boasts 30-foot ceilings, 13 dock-high doors, 7 loading docks, 3 drive-ins, and ample parking for 450 vehicles. Conveniently located on 601 Old Wilmington Rd, with 2000 feet of frontage on NC 117 and near East Carter Street, this Class C property benefits from its strategic location within Foreign-Trade Zone #214. Its proximity to major transportation arteries, including CSX Railroad, the Port of Wilmington (44 miles), ILM International Airport (39 miles), and Interstates 40 and 95, ensures efficient logistics. Municipal water and sewer services are available, along with an internal road loop and truck courts. The property's zoning is Industrial, and its APN is #330500478561 / #330500488011. This location offers access to a substantial workforce, with over 54 million people within a 400-mile radius.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Wallace
    County
    Sampson
    State
    North Carolina
    Longitude
    -77.986
    Latitude
    34.7275
    More about this property
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