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    Property profile & analytics
    OFF-MARKET Estimated value $3,990,000
    Industrial properties

    106 Railroad Ave, Gibsonville, NC 27249

    85,720 SF 6.34 ac lot Built 1904
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US53-1519392
    Property summary
    AI-generated overview

    This exceptional industrial property offers a diverse range of warehouse spaces for lease, ideal for businesses of various sizes. The total building area encompasses 113,000 square feet, spread across multiple units, providing flexibility for tenants seeking anything from 5,000 square feet to a maximum contiguous space of 73,000 square feet. Currently, a significant 65,000 square feet is immediately available. The property sits on a generous 3.5 acres of land. The building is classified as Class B. The available space offers a mix of grade-level and second-floor units. Grade-level spaces feature concrete flooring, while second-floor units have wood flooring. This presents a unique opportunity for businesses requiring different floor types to suit their operational needs. Please note that an adjacent property, ranging from 45,000 to 65,000 square feet, is also available for lease separately. Detailed floor plans and space specifications are available upon request. This property is perfectly situated for businesses seeking efficient and adaptable warehouse solutions. Contact us to discuss your specific requirements and explore leasing options within this versatile industrial complex.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1904
    Total area 85,720 SF
    Lot 6.34 ac (276,170 SF)
    Zoning code CP
    APN 102532
    UPID US53-1519392
    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
    Current use
    Occupant on record · Public records
    • UTZ Quality Foods Inc Big Box & Wholesale Store Food Market
    • JC Custom Sewing Industrial Manufacturer Production Facility
    • Complete Auctions LLC Trade Show Venue (Bike/Boat/Book/etc) Store
    • Tarheel Optical Displays Ophthalmologist (Bike/Boat/Book/etc) Store
    • Gibsonville Antiques & Collectibles Home Decor Store (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.99M
    Owner & transaction history
    The Three Story Tower LLC · 2 yrs held
    The Three Story Tower LLC
    since 2023
    7 recorded transactions
    2023
    2023
    2022
    2021
    $1.2M
    2019
    $275,000
    2018
    2015
    Zoning & alternative use
    CP · Gibsonville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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