211 Pextile Plant Rd, Stoneville, NC 27048-8062
This 35,400-square-foot warehouse, located at 211 Pextile Plant Rd, Stoneville, NC 27048, is offered for sale at $325,000. The property boasts a price per square foot of $9.18, with a land value of $9 per square foot. Situated conveniently on US 220/73 between Greensboro, NC and Martinsville, VA, it's only 8.4 miles south of the Commonwealth Crossing Business Center in Ridgeway, VA. While the building has been vacant for several years and requires significant renovations, it presents a compelling investment opportunity. Deferred maintenance includes the need for a complete roof replacement and rewiring, as the existing wiring has been stolen. Offices and restrooms will require complete rebuilding. Despite these needs, the warehouse features remarkably flat concrete floors, and ample outdoor space is available for trailer storage. Local utility companies have confirmed the feasibility of connecting water service to the site. This property offers significant potential for redevelopment and is ideally positioned for a variety of industrial uses. The substantial square footage and strategic location make this a rare opportunity in Rockingham County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
LIGHT INDUSTRIAL COUNTY · Stoneville, NCStoneville. Always verify with local authorities before improvements.
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.