200 13Th St Erwin, NC 28339
- Commercial real estate
- 865,491 SF
- 27.93 lot acres
Current Use by Public Records
- Frame It All - Deliveries / Warehouse
- Erwin Fire Department & Rescue Squad / Fire Station
- St Timothy Church & Outreach / Church
- Lowes / Hardware Store
- Central Carolina Industrial Park / Warehouse
Property Details for 200 13Th St
- Year built
- 1905
- Lot size
- 27.93 lot acres
- Property size
- 865,491 SF
- Property type
- Commercial real estate
- APN
- 060586 0275 03
- APU
- 60586027503
Description
This exceptional industrial property, located at 200 N 13th St, Erwin, NC 28339, offers a diverse range of spaces ideal for various business needs. The 90,413 square foot facility sits on a generous 55.3-acre lot and is classified as Class C. The property's versatility is highlighted by its multiple tenancy options, encompassing flex, warehouse, distribution, manufacturing, refrigerated/cold storage, and R&D capabilities. Four individual spaces are currently available, ranging in size from 8,469 to 57,427 square feet, providing flexibility for businesses of all scales. The property features two loading docks and one drive-in door, ensuring efficient loading and unloading operations. Its M1 zoning designation further enhances its suitability for a wide array of industrial uses. Strategically located within the Erwin submarket cluster of the Fayetteville MSA, this property benefits from its proximity to major transportation arteries, including air, rail, and sea access, facilitating seamless logistics. The location also offers easy access to the significant population centers of Fayetteville (208,778) and Raleigh (469,124), providing a strong workforce pool and access to a large consumer base. This prime location within a thriving business environment presents a unique opportunity for businesses seeking versatile and strategically located industrial space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $8,255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $9,850,000
- 6.5%
- $8,605,000
- 7%
- $8,775,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $8,975,000
- Geo Method
- $9,130,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,975,000
- Retail
- $9,165,000
- Mixed-Use
- $7,475,000
- Hospitality
- $8,395,000
- Educational
- $8,890,000
- Residential Income
- $7,345,000
- Energy
- $7,485,000
- Income-Based Land
- $10,015,000
- Food Service
- $7,640,000
Location Insight
- Map
- Local Demand
- City
- Erwin
- County
- Harnett
- State
- North Carolina
- Longitude
- -78.6777
- Latitude
- 35.3285
- CBSA code
- 22180
- CBSA name
- FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
