Property profile

180 Main St Haw River, NC 27258

OFF-MARKET
Warehouses
Property ID
US53-3702590
53,872 SF 1.4 ac lot Built 1967
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 61,516-square-foot warehouse, located at 180 E Main St in Haw River, NC (27258), presents a unique investment opportunity. Built in 1968, this industrial asset boasts a 33-foot ceiling height, four loading docks, and a forklift ramp, all situated on a concrete floor with typical 40-foot spans. The property is zoned Conditional Mixed Use (CMX), offering significant flexibility for adaptive reuse. Currently vacant, this National Register contributing structure benefits from its location off the high-traffic I-40/I-85 corridor. Its advantageous location within an Opportunity Zone, a Tier II county, and its eligibility for New Market Tax Credits, makes this a credit-driven deal. The property's functionality as a warehouse can be complemented by its potential for conversion to other uses, such as self-storage or a brewery, as the downtown area develops. While primarily offered for sale at $2,153,060 ($35/sq ft), lease options are also available. A comprehensive information package is available upon request. This is a rare chance to acquire a substantial, versatile property with significant tax advantages in a growing North Carolina community.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1967
Total area 53,872 SF
Lot 1.4 ac (60,984 SF)
APN 171662
UPID US53-3702590

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

180 Main St Haw River, NC 27258-8971
Haw River metro Census 21201 BURLINGTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$725k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$1.05M

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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