503 Canal St Near Whiteville, NC 28472-4211
- Commercial land
Current Use by Public Records
- Brunswick Farm Supply / Farm
Property Details for 503 Canal St Near
- Property type
- Commercial land
- APN
- 0290.00-19-8022.000
- APU
- 29000198022000
Description
This fee-simple industrial portfolio in Whiteville, NC, offers two single-story warehouse buildings totaling over 210,000 square feet on a 5.53-acre lot. The property, zoned for commercial use and built in 1950, features 13 loading docks. One warehouse at 503 S Canal St. comprises over 142,000 square feet, while the second building at 211 S Canal St. offers over 68,000 square feet. The asking price is $2,500,000, translating to $11.90 per square foot. This owner-user opportunity is ideally suited for various industrial, warehouse, and distribution needs, including agricultural storage, grain handling, equipment storage, sorting, assembly, and distribution. The property's strategic location offers easy access to major transportation arteries, including Interstate 74, US Highways 74-76, and US Highway 701, placing it within 45-50 miles of Interstate 40, the Port of Wilmington, and Wilmington International Airport (ILM), and 33 miles from Interstate 95. Additionally, a 2.8-acre cleared lay-down yard across the street from 503 S Canal St. is available for purchase, potentially serving as a truck court and weighing station. The property benefits from its location in an Opportunity Zone and Foreign Trade Zone #214, along with the availability of county and state incentives and financing options. North Carolina's status as a Right-to-Work state further enhances the investment appeal.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Whiteville
- County
- Columbus
- State
- North Carolina
- Longitude
- -78.6959
- Latitude
- 34.324