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    Property profile & analytics
    OFF-MARKET Estimated value $1,700,000
    Industrial properties

    2830 Hagers Ct, Denver, NC 28037-8198

    12,000 SF 1.04 ac lot Built 1998
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US53-0924466
    Property summary
    AI-generated overview

    This exceptional investment opportunity in Denver, NC, presents a fully stabilized, multi-tenant industrial property at 2830 Hagers Ct. The 12,000 square foot building sits on a 0.68-acre lot and is currently listed at $1,775,000, representing a compelling $147.92 per square foot price. The property boasts a strong 6.64% cap rate and a net operating income (NOI) of $117,894. Tenants include Loeffler Building & Design LTD, Dice Metal Works, and NOCQUA Adventure Gear, demonstrating consistent occupancy. The property is classified as Class B, with a Net Lease (NNN) structure and a single-story design. Zoned I-G, it offers 14 parking spaces. Built in 1998, this well-maintained facility provides a blend of warehouse and office space, ideal for a variety of uses. Located conveniently off Highway 16, the property benefits from a thriving area with a population exceeding 13,000 within a 5-mile radius. Current market lease rates are approximately $13-14 per square foot per year NNN, suggesting potential for future income growth. This sale includes a leaseback agreement. The property's APN is 56376. This is a prime opportunity for investors seeking a stable, income-generating asset in a high-demand market.

    Property profile
    Verified
    Property type Industrial properties
    Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
    Year built 1998
    Construction FRAME
    Total area 12,000 SF
    Lot 1.04 ac (45,302 SF)
    Zoning code I-G
    APN 56376
    UPID US53-0924466
    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
    • Dice Metal Works Factory Production Facility
    • Petro Construction General Contractor
    • NOCQUA Adventure Gear Industrial Manufacturer Production Facility
    • Henson Mechanical Services Inc Hardware & Home Improvement HVAC Service
    • Loeffler Building & Design Ltd Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.57M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.70M
    Owner & transaction history
    Michael Gaston · 1 yrs held
    Michael Gaston
    since 2025
    Last sale
    $1.8M
    1 recorded transaction
    2025
    $1.8M
    Zoning & alternative use
    I-G · Denver, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $2.3M +74.3%
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