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    OFF-MARKET
    Warehouses

    1121 Corporation Dr, Archdale, NC 27263-1648

    246,972 SF 19.83 ac lot Built 1972
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US53-2784351
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1972
    Total area 246,972 SF
    Lot 19.83 ac (863,795 SF)
    Zoning code HI
    APN 7708393180
    UPID US53-2784351
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Us Duct Properties LLC · 1 yrs held
    Us Duct Properties LLC
    since 2024
    Last sale
    $8.2M
    2 recorded transactions
    2024
    $8.2M
    2018
    $2.9M
    Zoning & alternative use
    HI · Archdale, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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