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    FOR SALE
    Warehouses

    500 1St St, Lumberton, NC 28358

    23,343 SF 1.22 ac lot Built 1960
    Entity Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-3002014
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1960
    Construction FRAME
    Total area 23,343 SF
    Lot 1.22 ac (53,143 SF)
    APN 323804001
    UPID US53-3002014
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Adams Rentals Of Nc LLC · 2 yrs held
    Adams Rentals Of Nc LLC
    since 2023
    Last sale
    $300,000
    1 recorded transaction
    2023
    $300,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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