Technical
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Property profile

220 Myrtle Rd Selma, NC 27576

OFF-MARKET
Industrial properties
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Property summary

AI-generated overview

This exceptional 43,995-square-foot industrial lot, located near 220 Myrtle Rd in Selma, NC, presents a unique opportunity for businesses seeking a secure and strategically located base of operations. The property boasts I-2 (Heavy Industrial) zoning, suitable for diverse industrial uses, including manufacturing, warehousing, and distribution. A fully gated perimeter with privacy mesh ensures the safety and security of your equipment and goods. The lot features well-maintained internal roads and ample space for parking and maneuvering large trucks and trailers. Its prime location offers convenient access to major highways, including I-95 and US Highway 70, facilitating efficient logistics and transportation. Proximity to Selma Union Station, Raleigh-Durham International Airport, and Johnston County Airport further enhances accessibility. The area also benefits from nearby industrial parks, distribution centers, retail amenities, educational institutions, healthcare facilities, and recreational opportunities. Flexible lease terms are available to accommodate both short-term (1-2 years) and long-term (5+ years) projects. Customization options exist to meet specific business requirements. The tenant is responsible for obtaining any necessary permits and adhering to city/county ordinances. A minimum one-year lease is required. Security deposit and maintenance terms will be discussed upon inquiry. This property offers a compelling combination of security, accessibility, and flexibility, making it an ideal choice for businesses seeking growth and success in the Selma, NC area.

Property profile

Verified
Property type Industrial properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

220 Myrtle Rd Selma, NC 27576
Selma metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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