99999 Mill Rd, Marion, NC 28752
This exceptional investment opportunity encompasses a seven-acre parcel in Marion Business Park, featuring over ten substantial metal and wood buildings. Building sizes range from a generous 2,000 square feet to an expansive 8,000 square feet, providing significant flexibility for a variety of uses. In addition to the primary structures, the property includes three smaller storage buildings and three larger sheds, presenting further development potential for additional rental income. The property's current configuration offers a blend of existing income streams and future expansion possibilities. Six of the ten main buildings are equipped with both heating and air conditioning systems, while all buildings have heating. The office building is currently vacant, awaiting a tenant once the seller's personal belongings are removed. The property's zoning designation is C-2, ensuring access to essential utilities. A significant advantage is the inclusion of a one-acre-plus build-ready lot, ideally situated adjacent to Popeyes and a soon-to-open Starbucks, offering prime visibility and accessibility. The asking price is notably lower than comparable lots in the park that lack the extensive site work already completed on this property. This presents a compelling investment opportunity with diverse potential uses, including a large retail facility, motel, multi-tenant storage, or single-user industrial facilities. The property's durability, low maintenance requirements, and adaptable building sizes contribute to its long-term value and appeal.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.