204 Carolina Dr, Snow Hill, NC 28580-1646
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.
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CD Snow Hill Industrial Manufacturer Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.