101 New St Pink Hill, NC 28572
- Office buildings
- 22,102 SF
- 31.59 lot acres
Current Use by Public Records
- Office buildings
Property Details for 101 New St
- Year built
- 1966
- Lot size
- 31.59 lot acres
- Property size
- 22,102 SF
- Property type
- Office buildings
- APN
- 347711551234
- APU
- 347711551234
Description
This exceptional industrial property in Pink Hill, NC, presents a significant opportunity. The single-tenant warehouse boasts a total of 41,000 square feet, encompassing a main building of 21,000 square feet and a secondary building of 20,000 square feet. The main building features a newly installed roof, upgraded lighting, and a modernized sprinkler system. It also includes approximately 1,600 square feet of office space with four offices, a large reception area, and two bathrooms. The high ceilings (13 feet clear) provide ample vertical space. The property includes four loading docks, four dock-high doors, and two drive-in doors, ensuring efficient loading and unloading. Situated on 10 acres of land, the property also offers a large 1-acre parking lot. The property is zoned industrial (APN 20927) and has an annual tax cost of $0.06 per square foot. This versatile space is ideal for a variety of industrial uses and offers significant potential for future expansion. The location in Lenoir County, NC (zip code 28572), provides easy access to major transportation routes. This is a rare opportunity to acquire a well-maintained, spacious warehouse in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $210,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $145,000
- 6.5%
- $150,000
- 7%
- $145,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $140,000
- Geo Method
- $160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $150,000
- Retail
- $145,000
- Mixed-Use
- $120,000
- Hospitality
- $125,000
- Educational
- $160,000
- Residential Income
- $140,000
- Energy
- $160,000
- Income-Based Land
- $165,000
- Food Service
- $165,000
Location Insight
- Map
- Local Demand
- City
- Pink Hill
- County
- Lenoir
- State
- North Carolina
- Longitude
- -77.7461
- Latitude
- 35.049
- CBSA code
- 28820
- CBSA name
- KINSTON, NC MICROPOLITAN STATISTICAL AREA