Property profile

204 Carolina Dr Snow Hill, NC 28580

OFF-MARKET
Retail space
Property ID
US53-4419134
1,196 SF 5.57 ac lot Built 1965
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 50,000-square-foot industrial flex space in Snow Hill, North Carolina, presents a significant investment opportunity. The property, situated on a 5.57-acre lot at 204 Carolina Drive, features a 1-story, 2-story building constructed in 1992 and renovated in 2005. The building boasts two loading docks and two dock-high doors, facilitating efficient material handling. Clear heights range from 18 to 20 feet. Approximately 40,000 square feet of the warehouse space is climate-controlled, offering versatile usage options. A substantial 15,000-square-foot office area includes a breakroom, conference room, and private offices, providing ample space for administrative functions. Ample parking is available on-site. The property's strategic location near major thoroughfares offers easy access to Raleigh, Wilmington, Greenville, and Goldsboro, enhancing its logistical appeal. The potential for existing racking, office furniture, and/or equipment to remain in place adds further value. This vacant property is priced at $2,500,000 and is ready for immediate occupancy. The zip code is 28580. Contact Greene County Economic Development at (252) 747-3446 for further information.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Construction WOOD
Total area 1,196 SF
Lot 5.57 ac (242,629 SF)
APN 305443
UPID US53-4419134

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

204 Carolina Dr Snow Hill, NC 28580-1646
Snow Hill metro Census 950302 GREENVILLE, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2025
1 recorded transaction
2025
$2.0M

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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