250 Industrial Park Dr, Thomasville, NC 27360-9436
This exceptional investment opportunity presents two industrial warehouse buildings situated on an expansive 11.99-acre lot in Thomasville, North Carolina. The property boasts convenient access to major transportation arteries including I-85, Bus 85, Highway 109, and Highway 64, ensuring seamless logistics. The asking price is $1,250,000. The property includes two buildings with a combined square footage ranging from 3,600 to 8,333 square feet. Building 1 (approximately 8,760 square feet) features office and warehouse space, two 8x8 dock-height doors, and was constructed in 1989. It also includes classroom meeting space and private offices. Building 1B (3,600 square feet), built in 2009, offers a clear span layout, LED lighting, and three 12x14 drive-in doors with 14-17' clear height. Building 2 (5,525 square feet), constructed in 1985, provides 14' clear height and six 12x14 roll-up, drive-in doors. Building 3 (8,333 square feet), built between 1976 and 1985, includes 7,200 square feet of warehouse space, 1,133 square feet of adjacent office space, and 501 square feet of office space within the warehouse. This building also features four dock-height doors with seals and double personnel doors. The property benefits from city utilities (Duke Energy, City of Thomasville Water/Sewer). Parcel IDs are 16-358-0-000-0033 (5.62 acres) and 16-358-0-000-0033-A (6.37 acres). Existing tenants in Buildings 2 and 3 have the potential to sign long-term leases.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LI · Thomasville, NCThomasville. 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.