521 Milling Rd Mocksville, NC 27028
- Manufacturing properties
- 171,794 SF
- 16.08 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 521 Milling Rd
- Year built
- 1964
- Lot size
- 16.08 lot acres
- Property size
- 171,794 SF
- Property type
- Manufacturing properties
- APN
- I50000003101
- APU
- I50000003101
Description
This exceptional industrial property at 521 Milling Road in Mocksville, North Carolina, offers ±109,397 square feet of immediately available warehouse space, part of a larger ±185,742 square foot building. The space is divisible to a minimum of ±50,520 square feet, accommodating a variety of business needs. The single-story building features 16-foot ceiling heights, providing ample vertical storage capacity. Loading and unloading are efficient with four dock-high doors and two drive-in doors. The property sits on 18 acres, offering extensive outdoor parking and storage possibilities. The building is fully sprinklered and boasts a new roof, ensuring safety and longevity. Power is provided by a 3,200-amp, 277-480-volt 3-phase system. Public water and sewer services are available. The owner is willing to modify, improve, or customize the property to meet tenant requirements, including adding additional docks or drive-ins, contingent upon acceptable lease terms. This prime location offers easy access to major transportation arteries, including Interstate 40 (less than 4 miles), Highway 64 (2 miles), and Highway 158 (less than 1 mile). The property is conveniently situated within an hour's drive of Charlotte and 30 minutes from Winston-Salem. Estimated NNN charges are approximately $0.59 per square foot. This is a rare opportunity to secure a substantial warehouse space in a strategic location with excellent access and potential for customization.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,015,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $920,000
- 6.5%
- $950,000
- 7%
- $980,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $810,000
- Geo Method
- $845,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $840,000
- Retail
- $1,135,000
- Mixed-Use
- $920,000
- Hospitality
- $1,040,000
- Educational
- $1,055,000
- Residential Income
- $1,105,000
- Energy
- $925,000
- Income-Based Land
- $915,000
- Food Service
- $940,000
Location Insight
- Map
- Local Demand
- City
- Mocksville
- County
- Davie
- State
- North Carolina
- Longitude
- -80.5351
- Latitude
- 35.9028
- CBSA code
- 49180
- CBSA name
- WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
