1120 1st W St Conover, NC 28613
This exceptional Conover, NC industrial property offers 32,500 square feet of warehouse space, complemented by an additional 5,000 square feet of covered area. The property boasts two buildings constructed in 1985 and sits on a 2.83-acre lot. The warehouse features upgraded LED lighting throughout and high ceilings ranging from 11'3" to 12'8", providing ample vertical space for storage and operations. Loading and unloading are facilitated by three dock-high doors and one drive-in door. Approximately 1,000 square feet are dedicated to office and restroom amenities, offering convenient workspace. The property is zoned EM-1 and is serviced by Duke Energy. The building's roof has been recently upgraded. This Class C property presents a versatile solution for various manufacturing or distribution businesses. The expansive lot offers potential for future expansion, such as a fenced yard or additional shed construction. The property's APN is 373214446756. This single-tenant property is currently vacant and ready for immediate occupancy.
This district is established for the exclusive use of manufacturing type uses. The establishment of this district recognizes the necessity of providing and maintaining manufacturing areas which are protected from the intrusion of incompatible uses. It is not intended to permit in this district any use which is inherently obnoxious to urban areas, because of…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
EM-1 · Conover, NCThis district is established for the exclusive use of manufacturing type uses. The establishment of this district recognizes the necessity of providing and maintaining manufacturing areas which are protected from the intrusion of incompatible uses. It is not intended to permit in this district any use which is inherently obnoxious to urban areas, because of noise, odors, smoke, light, dust or the use of dangerous materials.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
