129 Legionaire Dr Lincolnton, NC 28092
- Manufacturing properties
- 119,652 SF
- 43.00 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 129 Legionaire Dr
- Year built
- 1959
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 43.00 lot acres
- Property size
- 119,652 SF
- Zone code
- GMC
- Property type
- Manufacturing properties
- APN
- 631
- APU
- 631
Description
This exceptional 119,652-square-foot industrial property in Lincolnton, NC, sits on 43 acres and offers significant potential for manufacturing and warehousing. The single-story building, constructed in 1959 and renovated in 2024, features 14' to 18' clear ceiling heights, making it ideal for various industrial uses. The property boasts nine loading docks, including seven dock-high doors and one drive-in door, ensuring efficient operations. Heavy 3-phase power is available, along with a sprinkler system. The building is divisible to a minimum of 15,000 square feet, offering flexibility for multiple tenants. Zoned GMC by the City of Lincolnton, this location provides easy access to major transportation routes, including Highway 321, Interstate I-40 (18 miles), and Interstate I-85 (17 miles). The property includes approximately 10,000 square feet of office/warehouse breakroom space. With ample space for expansion or separate development, this property presents a rare opportunity in a desirable industrial hub. The generous column spacing of 25' x 38' further enhances operational efficiency. This is a fully vacant property ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,145,000
- 6.5%
- $2,040,000
- 7%
- $2,045,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,030,000
- Geo Method
- $1,905,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,305,000
- Retail
- $2,005,000
- Mixed-Use
- $1,695,000
- Hospitality
- $2,050,000
- Educational
- $2,215,000
- Residential Income
- $2,245,000
- Energy
- $1,730,000
- Income-Based Land
- $1,980,000
- Food Service
- $1,940,000
Location Insight
- Map
- Local Demand
- City
- Lincolnton
- County
- Lincoln
- State
- North Carolina
- Longitude
- -81.259
- Latitude
- 35.4873
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
