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374 Mitchell Br Rd Burnsville, NC 28714-2508

OFF-MARKET Warehouses Google Maps
7,200 SF 4.64 ac lot Built 1973
Entity Owned 1-yr Hold ~ Est. High Equity
Estimated value (blended)
$275k
Range $248k – $303k (±10%)
Property ID US53-2865680

Property summary

AI-generated overview

This unique commercial property, situated just outside Burnsville city limits on 2+ acres, presents a wealth of possibilities for diverse business ventures. The 10,800 square foot building boasts a steel frame and metal exterior, offering durability and low maintenance. State road frontage ensures excellent visibility and accessibility. Previously used as a publishing house, the property retains features ideal for various uses, including substantial industrial or manufacturing applications. The main level comprises two office spaces, a breakroom, a loading dock, and four restrooms. Heating is provided by propane, and the building benefits from robust 600 AMP electric service, distributed across two breaker panels upstairs and a separate panel downstairs. Two compressors and extensive pneumatic piping are already in place throughout the main level. The main level also features a large open space with a concrete floor on one half and a wood floor on the other, situated above a spacious basement. The basement, accessible via a staircase, offers an open area with steel posts, a lower access door, propane heat, and a stationary door where a garage door could be easily installed. The property includes upper and lower access drives over culverts, with a third access point to a middle loading dock requiring a new culvert. Ample parking is available, along with a sizable backyard and a gentle slope around the entire building. The property is being sold "as is," and an additional 2+ acres are available for purchase if desired.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1973
Total area 7,200 SF
Lot 4.64 ac (202,118 SF)
APN 082001380009.000
UPID US53-2865680

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
  • Marketing & Advertising Advertising Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2025
2 recorded transactions
2025
$400,000
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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