113 Industrial Park Rd Lincolnton, NC 28092
- Warehouses
- 61,500 SF
- 3.09 lot acres
Current Use by Public Records
- Warehouses
Property Details for 113 Industrial Park Rd
- Year built
- 1970
- Construction
- FRAME
- Lot size
- 3.09 lot acres
- Property size
- 61,500 SF
- Zone code
- GMC
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 519
- APU
- 519
Description
This exceptional 61,500-square-foot industrial property, located at 113 Industrial Park Road in Lincolnton, North Carolina, presents a remarkable opportunity for businesses seeking a well-maintained and strategically positioned facility. The property sits on a generous 3.09-acre lot, offering ample space for operations and expansion. The building itself is a well-maintained metal structure, providing durability and low maintenance. Convenient access to Highway 321 ensures seamless transportation and logistics. The interior comprises two distinct areas: a 24,000-square-foot section boasting a 27-foot peak height, and the remaining space featuring a 17-foot peak. The building includes a shipping office and restrooms, enhancing functionality and employee convenience. Recent improvements by the owner include upgrades to the loading docks and the gravel parking lot, ensuring efficient operations and a well-maintained exterior. Regular roof maintenance and the installation of energy-efficient LED lighting demonstrate a commitment to long-term upkeep and cost savings. The interior is described as clean and in excellent condition, ready for immediate occupancy by a new tenant. This property offers a rare combination of size, location, and condition, making it an ideal choice for a variety of industrial uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $920,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,215,000
- 6.5%
- $1,220,000
- 7%
- $1,250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,435,000
- Geo Method
- $1,180,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,115,000
- Retail
- $1,265,000
- Mixed-Use
- $1,100,000
- Hospitality
- $1,475,000
- Educational
- $1,265,000
- Residential Income
- $1,175,000
- Energy
- $1,465,000
- Income-Based Land
- $1,400,000
- Food Service
- $1,430,000
Location Insight
- Map
- Local Demand
- City
- Lincolnton
- County
- Lincoln
- State
- North Carolina
- Longitude
- -81.2479
- Latitude
- 35.4969
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA