Property profile

8911 Nc 11th S Grifton, NC 28530

OFF-MARKET
Other warehouses
Property ID
US53-3106816
12,466 SF 3.52 ac lot Built 1980
Entity Owned Free & Clear
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Property summary

AI-generated overview

This industrial warehouse property in Grifton, Pitt County, North Carolina was renovated between 2016 and 2020 and provides approximately 12,000 square feet of storage space. The warehouse includes two offices, three bathrooms, and a break room, along with industrial shelving, an air compressor, a well-water pump, four large roll-up doors, a crane arm, a security system, and high-end electrical systems. A heating system is present but was not used by the current owner. There is also a detached office building on the 3.52-acre lot that contains one office and one bathroom; it is noted to be in rough condition and has not been used. The property is zoned I.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Construction STEEL FRAME
Total area 12,466 SF
Lot 3.52 ac (153,331 SF)
Zoning code I
APN 39684
UPID US53-3106816

Cap rate & NOI

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

Location

8911 Nc 11th S Grifton, NC 28530-8427
Grifton metro Census 1500 GREENVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2025
Last sale
$375,000
4 recorded transactions
2025
Price N/A
2025
$460,000
2021
$375,000
2015
$150,000

Zoning & alternative use

I · Grifton, NC
Zoning description

I district is intended for areas established to accommodate a limited number of industrial, wholesale, warehouse and related commercial uses or services, which in their normal operation, have little or no adverse effect…

General category INDUSTRIAL

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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