Property profile

3211 PROGRESS DR Lincolnton, NC 28092

OFF-MARKET
Mixed Use
Property ID
US53-1379420
119,354 SF 20.15 ac lot Built 2006
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Property summary

AI-generated overview

Industrial building located in Lincolnton, North Carolina, totaling 115,924 square feet, including a 26,924-square-foot two-story office and 89,000 square feet of warehouse space. The building was constructed in 2007 and has a 30-foot clear height with 50-by-50-foot column spacing. Loading includes eight dock-high side doors sized 9 by 10 feet, one oversized knock-out drive-in door, and 22 knock-out panels. Warehouse areas are served by an HVAC system designed for 100% coverage, supported by a 2,000-amp 277/480V electrical supply, with T-5 lighting fixtures. Fire protection consists of a wet-pipe density sprinkler system with NFPA 13 ESFR readiness. The site provides 320 parking spaces, and the building measures approximately 300 feet deep by 350 feet long, with room for expansion of approximately 75,000 additional square feet. The property is zoned for industrial general use and is serviced by Rutherford Electric for power, Piedmont Natural Gas, Lincoln County water, and city of Lincolnton sewer.

Property profile

Verified
Property type Mixed Use
Year built 2006
Total area 119,354 SF
Lot 20.15 ac (877,778 SF)
APN 79892
UPID US53-1379420

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
  • Security Service
  • Production Facility Factory

Location

3211 PROGRESS DR Lincolnton, NC 28092
Lincolnton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
Last sale
$79.7M
2 recorded transactions
2024
$79.7M
2019
$5.3M
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