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Property profile & analytics
FOR LEASE
Manufacturing properties

129 Legionaire Dr Lincolnton, NC 28092

119,652 SF 43 ac lot Built 1959
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US53-2017929
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1959
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 119,652 SF
Lot 43 ac (1,873,080 SF)
Zoning code GMC
APN 631
UPID US53-2017929
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
$2.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.00M
Owner & transaction history
Legion Aire Holdings LLC · 1 yrs held
Legion Aire Holdings LLC
since 2024
Last sale
$2.0M
2 recorded transactions
2024
$2.0M
2016
$1.6M
Zoning & alternative use
GMC · Lincolnton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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