Property summary
This 15,000-square-foot warehouse, situated on a 5.7-acre lot at 269 Swan Farm Rd, Bayboro, NC 28515, presents a compelling investment opportunity. Built in 1981 and extensively renovated in 2014, this single-story building boasts a 20-foot ceiling height, providing ample storage and operational space. The property features three loading docks with three dock-high doors, ensuring efficient material handling. Internal improvements include functional bathrooms and offices. Conveniently located off Highway 304, this warehouse is only two miles from the marina. The property benefits from a 1200 AMP electrical service and a total of ten doors (five electrical bay drive-in doors and five additional doors). The expansive lot offers significant room for expansion or future development. Low property taxes (currently just over $1,000 annually) further enhance the value proposition. Importantly, the building's elevated position has prevented flooding, even during hurricanes, providing a secure and reliable location. This is the largest and cleanest warehouse currently available in the area, making it an exceptional opportunity for owner-occupiers seeking a functional and well-maintained industrial space. The property is vacant and ready for immediate occupancy.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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