1000 Butler Ave Liberty, NC 27298
- Warehouses
- 177,592 SF
- 41.70 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1000 Butler Ave
- Year built
- 1965
- Lot size
- 41.70 lot acres
- Property size
- 177,592 SF
- Zone code
- I
- Property type
- Warehouses
- APN
- 8737317392
- APU
- 8737317392
Description
This exceptional 182,000-square-foot industrial property, situated on a sprawling 42-acre lot in Liberty, North Carolina, presents a unique investment opportunity. Currently owner-occupied, the property will be vacated upon sale, offering immediate occupancy for the new owner. The building, constructed in 1968, features a single story with a 17-foot ceiling height, providing ample space for various industrial uses. The property boasts 11 loading docks and 10 dock-high doors, ensuring efficient material handling. The facility is fully sprinklered with 5 zones, enhancing safety and security. Its multi-tenant configuration allows for flexibility and diverse income streams. The property is zoned MULTI, allowing for a range of potential uses. Significant recent improvements have been completed as part of a successful Phase 1 project. All heavy utilities are already installed. Strategically located just four miles from the new Toyota Megasite (operational mid-2025), this property benefits from excellent access to transportation and a growing workforce. The asking price is $18,500,000, translating to $108.52 per square foot. This is a gross lease property with three units. The property's size, location, and features make it an ideal choice for businesses seeking a substantial and well-equipped industrial space in a rapidly developing area. The easily expandable nature of the site offers significant long-term growth potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Liberty
- County
- Randolph
- State
- North Carolina
- Longitude
- -79.5605
- Latitude
- 35.8678
- CBSA code
- 24660
- CBSA name
- GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA