312 Herring Ave Wilson, NC 27893
- Warehouses
- 34,813 SF
- 0.86 lot acres
Current Use by Public Records
- Warehouses
Property Details for 312 Herring Ave
- Year built
- 1944
- Lot size
- 0.86 lot acres
- Property size
- 34,813 SF
- Property type
- Warehouses
- APN
- 3722-51-5519.000
- APU
- 3722515519000
Description
This exceptional commercial property, located at 312 Herring Avenue E in Wilson, North Carolina, presents a significant investment opportunity. Boasting a substantial 34,000 square feet of versatile space, this property sits on a generous 3-acre lot, offering ample room for expansion, development, or outdoor activities related to the business. The property's size and location make it ideal for a wide range of commercial uses, from warehousing and distribution to light manufacturing or retail operations. Its strategic position within Wilson provides easy access to major transportation routes, ensuring convenient logistics and accessibility for both employees and customers. The asking price of $4,500,000 reflects the property's significant size, prime location, and considerable potential for future growth and profitability. This is a rare opportunity to acquire a substantial commercial property in a thriving North Carolina market. The property's substantial size and versatile layout offer significant flexibility for a variety of business ventures. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. Detailed property information and specifications are available upon request. Don't miss this chance to secure a prime commercial asset in a dynamic and growing area. The property is ready for immediate occupancy, offering a seamless transition for any business seeking a new home.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $385,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $485,000
- 6.5%
- $510,000
- 7%
- $490,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $440,000
- Geo Method
- $530,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $525,000
- Retail
- $455,000
- Mixed-Use
- $565,000
- Hospitality
- $490,000
- Educational
- $555,000
- Residential Income
- $520,000
- Energy
- $455,000
- Income-Based Land
- $455,000
- Food Service
- $440,000
Location Insight
- Map
- Local Demand
- City
- Wilson
- County
- Wilson
- State
- North Carolina
- Longitude
- -77.9032
- Latitude
- 35.7277
- CBSA code
- 48980
- CBSA name
- WILSON, NC MICROPOLITAN STATISTICAL AREA
