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Property profile & analytics
FOR LEASE
Manufacturing properties

572 S New St Eden, NC 27288

530,639 SF 50.52 ac lot Built 1966
Entity Owned 6-yr Hold Free & Clear
Property ID
US53-2015812
Property summary
AI-generated overview

This exceptional 533,424-square-foot industrial property in Rockingham County presents a unique investment opportunity. Situated on a generous 50.5-acre lot, this multi-tenant building offers significant flexibility. Built in 1966, the six-story structure boasts impressive features including 23 dock-high loading doors strategically located for efficient operations. The high ceilings, ranging from 23 to 24 feet, provide ample vertical space for various industrial uses. The property benefits from extensive sprinkler coverage (mostly extra hazard ESFR) and ample parking for 350 vehicles, along with substantial trailer storage. The robust power supply features five 2,000-amp ITE 480Y/277-volt, 3-phase systems, ensuring sufficient capacity for demanding operations. Currently entirely vacant, this property is zoned I-2 and offers the potential for subdivision to accommodate tenants ranging from 50,000 to 533,424 square feet. Floor plans are available to illustrate the layout and various sizing options. Its history of successful use for manufacturing and warehousing makes it ideally suited for a wide range of industrial applications. The property's APN is 181823. This is a rare opportunity to acquire a substantial, well-equipped industrial facility in a desirable location.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 530,639 SF
Lot 50.52 ac (2,200,651 SF)
Zoning code HEAVY INDUSTRIAL EDEN
APN 7090-00-20-5907-00
UPID US53-2015812
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
Current use
Occupant on record · Public records
  • Furniture Transport Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.14M
Owner & transaction history
City Of Eden · 6 yrs held
City Of Eden
since 2020
5 recorded transactions
2020
Price N/A
2018
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
HEAVY INDUSTRIAL EDEN · Eden, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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