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Property profile & analytics

500 1st St Lumberton, NC 28358-5836

  • Warehouses
  • 23,343 SF
  • 1.22 lot acres
OFF-MARKET
Last Sale
Aug 22, 2023
$300,000
Value Estimations
$500,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US53-3002014
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 500 1st St

Year built
1960
Construction
FRAME
Lot size
1.22 lot acres
Property size
23,343 SF
Property type
Warehouses
APN
323804001
APU
323804001

Description

This exceptional commercial property presents a significant investment opportunity in Lumberton, NC. Located at 500 1st Street, Unit 500, this expansive 21,000+ square foot building sits on a desirable 1.22-acre corner lot, fully fenced for enhanced security. The property's versatile design is ideal for a variety of uses, making it particularly well-suited for warehouse or distribution center operations. The building boasts seven well-appointed offices, providing ample space for administrative functions or tenant separation. Three bathrooms ensure convenient access for employees and visitors. Six garage doors and four loading docks facilitate efficient loading and unloading, streamlining operations and maximizing productivity. The property's strategic location offers excellent accessibility and visibility, contributing to its overall appeal. In addition to outright purchase at $449,000, this property is also available for lease at a monthly rate of $6,000. This presents a flexible option for businesses seeking a cost-effective solution for their operational needs. Don't miss this chance to acquire a prime commercial property with substantial potential for growth and profitability. The combination of size, features, and location makes this a truly exceptional offering.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $460,000
    ML approach
    $555,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $620,000
    Market price range: $313k - $2.26M
    AI Estimate
    $629,000
    Market price range: $399k - $1.71M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lumberton
County
Robeson
State
North Carolina
Longitude
-79.0032
Latitude
34.6167
CBSA code
31300
CBSA name
LUMBERTON, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,049
$41,900
$221,300
$263,200
-
$41,900
$221,300
$263,200
More about this property
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