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    FOR LEASE
    Office buildings

    206 E Frazier Ave, Liberty, NC 27298

    4,884 SF 9.2 ac lot Built 1970
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US53-1227193
    Property summary
    AI-generated overview

    This exceptional 99,567-square-foot industrial manufacturing facility, situated on a 7-acre lot in Liberty, North Carolina, presents a compelling investment opportunity. The property, currently occupied by Charter Furniture under a proposed five-year leaseback agreement for two of the six buildings, comprises five industrial buildings and one office building. Built in 1970, the facility boasts 15-foot ceilings and is zoned for industrial use. Its prime location offers significant advantages, including adjacency to the Norfolk Southern rail line, with potential for a spur installation to provide direct rail service (proposal available). The property's designation as an Opportunity Zone provides substantial tax benefits for long-term investors. Furthermore, surplus land allows for additional trailer parking, enhancing operational flexibility. The property's APN is 8736-12-5473. This is a Class C building. The asking price is $2,900,000.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1970
    Construction WOOD FRAME
    Total area 4,884 SF
    Lot 9.2 ac (400,752 SF)
    Zoning code I
    APN 8736125473
    UPID US53-1227193
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $570k
    Blend (final) Blend
    $760k
    Owner & transaction history
    206 East Frazier LLC · 1 yrs held
    206 East Frazier LLC
    since 2025
    7 recorded transactions
    2025
    $2.1M
    2022
    2017
    2014
    2011
    1969
    1969
    Zoning & alternative use
    I · Liberty, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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