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Financial
Distress signals
Property profile

315 Elizabeth St Northwest Lenoir, NC 28645

FOR SALE
Other warehouses
Property ID
US53-0804429
6,980 SF 20.33 ac lot Built 1971
Last sale May 2023 · $4,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a former furniture manufacturing facility consisting of eight buildings on a 29.81-acre site. It is located near Highway 321 and interstate access. The site is zoned I-2 and is configured with ample electrical power and an efficient loading and staging area to support industrial operations. The property is within an Opportunity Zone and includes a large contiguous land area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2024$2.09M
Assessed land$205k
Assessed improvement$1.89M

Value estimate

· Oct 2026
$4.18M
$3.76M – $4.60M
AI approach$4.46M
NOI build-up
Gross scheduled income$6.43M
Vacancy & credit loss−$129k
Operating expenses−$1.89M
NOI · 55.15% cap applied$4.41M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$46/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$20 – $71
Qualifying comparables5

Cap rate analysis

How does the asset earn?
55.15%
$4.41M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCALDWELL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.4
Building Supply15.8
Wholesale Shop15.2

Location

315 Elizabeth St Northwest Lenoir, NC 28645
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1140 Harper NW, Lenoir, NC 28645-5086 $48,000 May 2024 6,186 SF
1548 Morganton SW, Lenoir, NC 28645-5561 $1,800,000 Jan 2024 5,677 SF
1203 Advantage, Lenoir, NC 28645 $249,000 Sep 2023 9,000 SF
220 Joyceton Church, Lenoir, NC 28645-8929 $80,000 Apr 2023 7,504 SF
1815 Norwood SW, Lenoir, NC 28645-6430 $19,000 Nov 2022 8,370 SF
413 Vance NW, Lenoir, NC 28645-4136 $22,000 Jul 2022 6,466 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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