4299 Anderson Ave, Farmville, NC 27828-2005
This exceptional 85,587-square-foot industrial property, located at 4299 Anderson Avenue in Farmville, North Carolina, presents a significant value-add opportunity. Situated on a generous 8.17-acre lot, this vacant warehouse boasts seven loading docks and a 14-foot ceiling height. Built in 1965, the structure is zoned ID - Industrial District, making it ideally suited for various industrial uses, including distribution, manufacturing, or warehousing. The asking price is $1,500,000, translating to $17.53 per square foot. The property's current condition requires complete renovation, offering a unique chance for an investor to reposition this asset in a strategic location within Pitt County. The property's size and zoning provide ample flexibility for redevelopment or adaptive reuse, catering to a wide range of industrial needs. The property's parcel number is 52247 and its location in Farmville, NC (zip code 27828) offers convenient access to transportation networks. This is a prime opportunity to acquire a substantial industrial property in need of renovation, presenting significant potential for future returns.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
ID · Farmville, NCFarmville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.