Technical
Financial
Distress signals
Property profile

2171 Gavintown Rd Lumberton, NC 28358

FOR SALE
Other warehouses
Property ID
US53-3427815
24,855 SF 10.39 ac lot Built 1988
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is a three-location storage portfolio totaling 8,300 net rentable square feet (NRSF) of climate-controlled units and 133,705 NRSF of non-climate-controlled units, with 7 covered parking spaces and 18 outdoor parking spaces across the portfolio. The facilities are configured to provide onsite operations support, including leasing offices at each location, and the overall site setup allows for additional expansion. At the Gavintown Road location, a 50 ft by 100 ft warehouse unit and a 62 ft by 92 ft gymnasium unit are designed in a way that could be converted to climate-controlled space or repurposed for industrial use. Additional potential exists at the Gavintown and Linkhaw locations to develop or expand outdoor storage or contractor-yard use by utilizing expansion land, and the Gavintown location includes heating and cooling equipment that supports increasing the climate-controlled capacity. The portfolio is located in the Lumberton area of Southeastern North Carolina, approximately 30 miles south of Fayetteville, within the Lumberton Metropolitan Statistical Area and the broader Fayetteville-Lumberton-Pinehurst Combined Statistical Area.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1988
Total area 24,855 SF
Lot 10.39 ac (452,588 SF)
APN 320702035
UPID US53-3427815

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
  • Storage Facility
  • Storage Facility

Location

2171 Gavintown Rd Lumberton, NC 28358
Lumberton metro Census 961302 LUMBERTON, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.92M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.86M
Blend (final) Blend
$1.65M

Owner & transaction history

since 2021
Last sale
$1.8M
3 recorded transactions
2021
$1.8M
2020
$1.0M
2017
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $2.5M +117.4%
Restaurant $2.4M +112.0%
Commercial (general) $2.4M +110.7%

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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