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Property profile & analytics
OFF-MARKET
Warehouses

1744 Connelly Springs Rd Lenoir, NC 28645

10,000 SF 0.87 ac lot Built 1986
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 1744 Connelly Springs Rd in Lenoir, North Carolina, presents a unique investment opportunity. The 10,000 square foot building, constructed in 1986, sits on a 0.87-acre lot and is classified as a Class B property. The building's design offers versatility, currently configured as a two-story structure with 5,000 square feet of professional office space on the upper level and 5,000 square feet of processing/storage space on the lower level. Previously used as a ServPro facility, this adaptable space is easily converted to suit a variety of flex or warehouse uses. The building dimensions measure 50' x 100', providing ample space for operations and storage. The asking price is $595,000, translating to $59.50 per square foot. The property boasts ample parking, making it convenient for employees and clients. Situated in Caldwell County, NC, zip code 28645, this property offers a strategic location with easy access to transportation routes. This is an excellent opportunity to acquire a well-maintained, versatile commercial property in a growing area.

Property profile
Verified
Property type Warehouses
Year built 1986
Total area 10,000 SF
Lot 0.87 ac (37,897 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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