Property profile

230 Clarks Nck Rd Washington, NC 27889

OFF-MARKET
Other industrial properties
Property ID
US53-4444402
30.05 ac lot Built 1971
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property at 230 Clarks Neck Road in Washington, North Carolina consists of a 175,000-square-foot industrial facility on approximately 29.91 acres of land, including about 13.5 acres of excess land. The building functions as a headquarters and manufacturing operation for MJM Yachts and is configured as an industrial use property suitable for production and associated operational activities. The facility is subject to a long-term triple-net style lease arrangement, and the property remains fully leased to MJM Yachts. The site is positioned near major highway routes and deep-water ports, supporting logistics and distribution access, and it is located in an area used for manufacturing and industrial employment.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1971
Lot 30.05 ac (1,308,978 SF)
APN 5676-05-4911
UPID US53-4444402

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
  • (Bike/Boat/Book/etc) Store Production Facility
  • Employment Agency

Location

230 Clarks Nck Rd Washington, NC 27889-8976
Washington metro Census 930300 WASHINGTON, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.15M

Owner & transaction history

since 2025
Last sale
$3.2M
1 recorded transaction
2025
$3.2M

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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