113 Rea St Jacksonville, NC 28546-5717
This exceptional industrial property, located at 113 Rea St, Jacksonville, NC 28546, presents a compelling investment opportunity. The warehouse building encompasses 10,861 square feet, situated on a substantial 5.54-acre lot. The property is fully fenced, offering enhanced security and privacy. The building itself is constructed of masonry, ensuring durability and longevity. The asking price for this turnkey industrial space is $1,420,000, translating to a price per square foot of $130.74. The property's zoning is designated as Industrial, allowing for a wide range of potential uses. This expansive lot and substantial building provide ample space for various industrial operations, storage, or potential redevelopment. Its strategic location in Onslow County, North Carolina, offers convenient access to major transportation routes and a growing industrial market. The property's size, features, and zoning make it an ideal acquisition for businesses seeking a significant footprint in a thriving industrial area. Serious inquiries are encouraged to explore the full potential of this exceptional offering.
The Industrial (IND) district is established and intended to accommodate both heavy and light manufacturing, assembly, fabrication, processing, distribution, storage, research and development, and other industrial uses at both large- and
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
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Property description
Physical attributes from public recordsZoning & alternative use
IND · Jacksonville, NCThe Industrial (IND) district is established and intended to accommodate both heavy and light manufacturing, assembly, fabrication, processing, distribution, storage, research and development, and other industrial uses at both large- and
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.