809 Edenton Rd St Hertford, NC 27944-9540
- Commercial real estate
- 4,030 SF
- 12.50 lot acres
Current Use by Public Records
- G. T. Dail Construction & Custom Cabinets / Cabinet Maker / Contractor
- Hertford Supply Co Inc. / Store
Property Details for 809 Edenton Rd St
- Year built
- 1975
- Construction
- FRAME
- Lot size
- 12.50 lot acres
- Property size
- 4,030 SF
- Property type
- Commercial real estate
- APN
- 3-0040-AU046-H
- APU
- 30040AU046H
Description
This exceptional 16-acre industrial property in Hertford, NC (27944), presents a unique investment opportunity. Located at 809 S Edenton Rd St, this former feed and seed supply facility offers a substantial 22,211 square feet of warehouse space, priced at $17.96 per square foot. The property includes three buildings, encompassing a raised 6,467 square foot warehouse with a 701 square foot office, a 14,625 square foot open warehouse with dirt floors, and three pole shelters totaling 6,061 square feet. Additional features include a 418 square foot, 100,000-pound weight station, eight silos with a combined capacity of 96,000 bushels, and 110' and 120' bucket elevators. The 1.5 acres of gravel provide ample space for maneuvering and storage. The property boasts city water and sewer connections and is zoned C-2. Note that the sale excludes a 6,577 square foot L-shaped building at the road and a cell tower. Built in 1950, this property offers significant potential for various industrial uses. The property is vacant and available for immediate occupancy. The current owner, Hertford Livestock and Supply Company, Inc., has a substantial business loss that may be utilized to offset gains if the business is purchased separately. The APN is 7849-51-4292. Two loading docks are available for efficient loading and unloading.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $310,000
- 7%
- $335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $295,000
- Retail
- $320,000
- Mixed-Use
- $285,000
- Hospitality
- $305,000
- Educational
- $325,000
- Residential Income
- $360,000
- Energy
- $270,000
- Income-Based Land
- $295,000
- Food Service
- $270,000
Location Insight
- Map
- Local Demand
- City
- Hertford
- County
- Perquimans
- State
- North Carolina
- Longitude
- -76.4741
- Latitude
- 36.1726
- CBSA code
- 21020
- CBSA name
- ELIZABETH CITY, NC MICROPOLITAN STATISTICAL AREA