1121 Corporation Dr, Archdale, NC 27263-1648
This exceptional 252,081-square-foot industrial flex building sits on a spacious 19.83-acre lot in Archdale, North Carolina. Built in 1972, the property boasts 24 loading docks and 4 drive-ins, complemented by a substantial uncovered loading area and a comprehensive dust collection system. The building's design is optimized for high-volume operations, and its internal layout allows for potential subdivision to accommodate multiple tenants, thanks to fire-rated separations between sections. Certain existing equipment, including spray booths, may be included in the sale. A comprehensive environmental due diligence report is available upon request. Strategically located, the property offers convenient access to US Highway 29 and is just nine minutes from Interstate 85. The property is zoned HI R-15 and features a fully sprinklered system. The asking price is $8,400,000, translating to $33.32 per square foot. The property is currently vacant. The property's APN is 7708393180.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
HI · Archdale, NCArchdale. Always verify with local authorities before improvements.
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.