206 E Frazier Ave Liberty, NC 27298
- Office buildings
- 4,884 SF
- 9.20 lot acres
Current Use by Public Records
- Office buildings
Property Details for 206 E Frazier Ave
- Year built
- 1970
- Construction
- WOOD FRAME
- Lot size
- 9.20 lot acres
- Property size
- 4,884 SF
- Zone code
- I
- Property type
- Office buildings
- APN
- 8736125473
- APU
- 8736125473
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Liberty
- County
- Randolph
- State
- North Carolina
- Longitude
- -79.5683
- Latitude
- 35.8433
- CBSA code
- 24660
- CBSA name
- GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
