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    FOR SALE
    Warehouses

    312 Herring Ave E, Wilson, NC 27893

    34,813 SF 0.86 ac lot Built 1944
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US53-4171435
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 312 Herring Avenue E in Wilson, North Carolina, presents a significant investment opportunity. Boasting a substantial 34,000 square feet of versatile space, this property sits on a generous 3-acre lot, offering ample room for expansion, development, or outdoor activities related to the business. The property's size and location make it ideal for a wide range of commercial uses, from warehousing and distribution to light manufacturing or retail operations. Its strategic position within Wilson provides easy access to major transportation routes, ensuring convenient logistics and accessibility for both employees and customers. The asking price of $4,500,000 reflects the property's significant size, prime location, and considerable potential for future growth and profitability. This is a rare opportunity to acquire a substantial commercial property in a thriving North Carolina market. The property's substantial size and versatile layout offer significant flexibility for a variety of business ventures. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. Detailed property information and specifications are available upon request. Don't miss this chance to secure a prime commercial asset in a dynamic and growing area. The property is ready for immediate occupancy, offering a seamless transition for any business seeking a new home.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1944
    Total area 34,813 SF
    Lot 0.86 ac (37,462 SF)
    APN 3722-51-5519.000
    UPID US53-4171435
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $715k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $637k
    Blend (final) Blend
    $600k
    Owner & transaction history
    H Town Properties LLC · 3 yrs held
    H Town Properties LLC
    since 2023
    Last sale
    $575,500
    1 recorded transaction
    2023
    $575,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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