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Property profile & analytics
OFF-MARKET Estimated value $735,000
Industrial properties

241 Freedom Way Midway Park, NC 28544-1418

10,646 SF 0.99 ac lot Built 1989
Entity Owned 19-yr Hold Free & Clear
Property ID
US53-1577569
Property summary
AI-generated overview

This 2,400 square foot warehouse space is ideally situated at the corner of 47th Avenue and Kiessig Avenue, offering excellent visibility and accessibility. The property features convenient grade-level loading, eliminating the need for ramps or docks, and boasts a generous 16-foot clear height, maximizing storage and operational efficiency. Ample parking is available for employees and visitors, ensuring convenient access. The warehouse is equipped with a 200-amp, 120/208-volt power supply, suitable for a variety of industrial uses. Currently, one unit is available for immediate occupancy. This multi-tenant building presents a fantastic opportunity for businesses seeking a well-located, functional warehouse space with convenient amenities. The property's prime location and practical design make it an attractive option for various industrial operations. The building's grade-level loading and substantial clear height contribute to efficient material handling and storage. The abundant parking further enhances the property's appeal, providing ample space for vehicles and equipment. The robust electrical service ensures sufficient power for most industrial applications. Don't miss this chance to secure a well-appointed warehouse in a desirable location.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1989
Total area 10,646 SF
Lot 0.99 ac (43,120 SF)
Zoning code CC
APN 48746
UPID US53-1577569
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Logan Jennifer C MD Pediatrician Physician
  • Kathleen L. Woodul, LCSW Foster Care Service Social Service Agency
  • Underhill T Reed MD Physician
  • Ryan Holland Physician Medical Clinic
  • Dr. Robert B. Whitmore III, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
$860k
Comparable Approach Comparable
$886k
Blend (final) Blend
$735k
Owner & transaction history
Freedom Way Clinic LLC · 19 yrs held
Freedom Way Clinic LLC
since 2007
2 recorded transactions
2016
Price N/A
2007
Price N/A
Zoning & alternative use
CC · Midway Park, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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