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    OFF-MARKET
    Manufacturing properties

    109 Pineywood St, Thomasville, NC 27360-3434

    6,060 SF 0.39 ac lot Built 1999
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US53-1191470
    Property summary
    AI-generated overview

    This ±5,888 square foot flex building in Thomasville, NC, presents a compelling investment opportunity. Built in 1999 and situated on a 0.04-acre lot, the property boasts a 7.10% cap rate and is fully leased with 2.5 years remaining on the lease. Zoned C2 (Highway Commercial), it offers excellent versatility for a range of businesses. The building features two front entrances ideal for separate customer areas, a convenient drive-in door, and a 14-foot ceiling height suitable for warehousing or industrial uses. A 200-amp electrical service ensures ample power, while a durable metal roof and cladding maintain a modern aesthetic. Three heat pumps provide efficient climate control. The interior includes several built-out offices and separate men's and women's restrooms. Ample parking is available with 10 dedicated spaces in front and an additional 4-5 spaces on the side. Public water, sewer, and natural gas services are readily available. Its prime commercial location in Thomasville provides easy access to major highways and the downtown area, ensuring high visibility and convenient access for businesses. This property is an excellent choice for investors seeking strong returns and a stable, long-term tenant.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1999
    Construction FRAME
    Total area 6,060 SF
    Lot 0.39 ac (16,988 SF)
    Zoning code C2
    APN 16-104-0-00H-0019
    UPID US53-1191470
    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
    • Vicki C. Steed, LCSW Counselor Social Worker
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Valsaut Holdings LLC · 1 yrs held
    Valsaut Holdings LLC
    since 2025
    Last sale
    $450,000
    7 recorded transactions
    2025
    $535,000
    2024
    $450,000
    2004
    1969
    1969
    1969
    1969
    Zoning & alternative use
    C2 · Thomasville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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