Property summary
This exceptional 11,400 square foot industrial property in Louisburg, NC, presents a rare investment opportunity. Situated on a spacious 3-acre lot, this versatile building offers significant potential for a variety of uses, including a thriving auto restoration business, mechanic shop, or other industrial operations. The property boasts two front entrance bays, providing ample access for vehicles and equipment. A smaller garage is located at the rear of the building, adding to the overall storage and workspace. The interior features a flexible layout, allowing for customization to suit specific business needs. The building includes pallet rack shelving, a two-post lift, an air compressor, and a comprehensive galvanized air line system with air hose reels throughout. A key feature is the inclusion of a paint booth with cross-flow technology, ideal for automotive work. The property benefits from both three-phase and single-phase power. One half of the building is equipped with air conditioning and heating, while the other half features gas heat and spray foam insulation. A single bathroom is conveniently located within the building. The property's location offers easy access, with a small airport situated on the same road. The substantial size, combined with the existing equipment and infrastructure, makes this a turnkey operation with high rental income possibilities. This property is a must-see for discerning investors seeking a unique and profitable venture.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
FCO GB · Louisburg, NCZoning
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Zoning designation
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The district profile from the municipal source: what is on file for FCO GB in Louisburg, NC.
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Find the owner behind the property.
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