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    OFF-MARKET
    Warehouses

    724 Harrisburg SW Dr, Lenoir, NC 28645-6123

    6,580 SF 0.51 ac lot Built 1962
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US53-1627593
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 724 Harrisburg Drive SW in Lenoir, NC, presents a unique investment opportunity. Situated at the entrance to Google and conveniently close to Morganton Boulevard, this 1.27-acre lot offers unparalleled visibility and accessibility. The building itself boasts a versatile layout, ideal for a variety of commercial uses. Over half of the space is climate-controlled with air conditioning, providing comfortable and efficient working conditions. The remaining warehouse area features impressive high ceilings, ranging from 12 to 16 feet, offering ample storage and operational space. This combination of climate-controlled office space and expansive warehouse area makes this property exceptionally adaptable to a wide range of business needs. The strategic location, coupled with the building's unique features, makes this a truly exceptional opportunity for businesses seeking a high-visibility location with significant potential for growth. The asking price for this property is $629,900. Serious inquiries are encouraged. The square footage is not currently available.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1962
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 6,580 SF
    Lot 0.51 ac (22,140 SF)
    APN 06130 3 17
    UPID US53-1627593
    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
    • Air Power Manufacturing Solutions Factory Industrial Manufacturer
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    R & J Piedmont Developers LLC · 3 yrs held
    R & J Piedmont Developers LLC
    since 2023
    Last sale
    $480,000
    2 recorded transactions
    2023
    $480,000
    2012
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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