Technical
Financial
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Property profile

21720 Wagram Rd Laurinburg, NC 28352

OFF-MARKET
Warehouses
Property ID
US53-2901709
10,000 SF
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Property summary

AI-generated overview

This exceptional 10,000-square-foot single-tenant industrial property, located at 21720 Wagram Rd, Laurinburg, NC 28352, presents a unique opportunity for a cabinetry and CNC professional. Situated in Scotland County, this one-story building offers a blend of manufacturing, warehouse, and creative office space, ideal for a business seeking established clientele and a strong local reputation. The property boasts a rich history as Thomas Locklear Cabinets, a well-established custom cabinetry shop with over 50 years of operation and a loyal customer base exceeding 1,500 clients. This turnkey operation includes an extensive network of vendors and contractors, ensuring a seamless transition for the new owner. The property's location offers a significant advantage, being the only custom cabinetry shop within a 35-mile radius, serving a wide area including Charlotte, Raleigh, Fayetteville, Myrtle Beach/Wilmington, and Florence, SC. The successful candidate will manage and maintain CNC machinery and software, oversee cabinetry construction, finishing, and installation, cultivate existing client and vendor relationships, lead a team of apprentices, and participate in showroom consultations. This is a rare chance to acquire a thriving business with a proven track record and significant growth potential. The property is ready for immediate occupancy.

Property profile

Verified
Property type Warehouses
Total area 10,000 SF
UPID US53-2901709

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
  • General Contractor Renovation Specialist

Location

21720 Wagram Rd Laurinburg, NC 28352
Laurinburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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