Property profile

2525 Blacksburg Rd 3 Grover, NC 28073

OFF-MARKET
Warehouses
Property ID
US53-5058110
5 ac lot Built 2000
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This expansive industrial campus, located at 2525 Blacksburg Road in Grover, North Carolina, 28073, offers a unique opportunity for businesses seeking significant space and advanced infrastructure. The property encompasses a substantial 650,000 square feet of versatile industrial space, suitable for manufacturing, warehousing, distribution, or research and development activities. Multiple tenancy options are available, with a minimum divisible space of 35,000 square feet and the potential to lease the entire 650,000 square feet contiguously. The site sits on a generous 424 acres of land, providing ample room for expansion or future development. Key features include heavy power capacity, a significant advantage for energy-intensive operations, and an on-site wastewater treatment plant, ensuring efficient and environmentally responsible waste management. Security is a top priority, with a fully fenced perimeter and manned security personnel ensuring the safety and protection of tenants and their assets. Currently undergoing a complete redevelopment, the building is scheduled for completion and occupancy in May 2024, presenting a chance to move into a modern, fully updated facility. This prime location in Grover, NC offers excellent access to transportation networks, making it an ideal choice for businesses seeking efficient logistics and distribution capabilities. Contact us today to learn more about leasing opportunities at this exceptional industrial campus.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2000
Lot 5 ac (217,800 SF)
APN 66200
UPID US53-5058110

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
  • Industrial Manufacturer Production Facility
  • Gas Company
  • Department Store Grocery & Convenience Store

Location

2525 Blacksburg Rd, Unit 3 Grover, NC 28073-9641
Grover metro SHELBY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2525 Blacksburg Rd, Unit 3?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message