Property profile

600 Stake Rd Tabor City, NC 28463

FOR SALE
Industrial properties
Property ID
US53-4450611
20,712 SF Built 1953
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 21,000 square foot warehouse, situated on four acres of land in Tabor City, North Carolina, presents a compelling investment opportunity. Priced at $299,000 ($14.24/SF), this property offers a versatile space ideal for various uses, including retail, light industrial, or warehousing. The building features a 12-foot ceiling height, providing ample vertical space for storage or operations. The interior boasts wood floors throughout the storage area, ensuring durability and ease of maintenance. A convenient rear loading dock facilitates efficient loading and unloading of goods, streamlining operations. The property also includes integrated office space and restrooms, enhancing functionality and convenience for occupants. Its prime location near downtown Tabor City and Highway 701 ensures excellent accessibility and visibility, making it an attractive option for businesses seeking a strategic location. The property is currently vacant and available for immediate occupancy under a gross lease. This is a rare opportunity to acquire a well-maintained, spacious warehouse in a desirable location at an attractive price point. Contact us today to schedule a showing.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1953
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 20,712 SF
APN 0134.02-97-9737.000
UPID US53-4450611

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

600 Stake Rd Tabor City, NC 28463
Tabor City metro Census 931201
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$535k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2018
1 recorded transaction
2018
$74,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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