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Property summary
The property is an industrial building with approximately 122,000 square feet of total space, including about 4,200 square feet of office area, situated on an 8.309-acre site. Loading includes 5 dock-high doors (10' x 10') and 2 drive-in doors (12' x 14'). Electrical service is 6,000 amps at 480 volts. The office area is fully HVAC-equipped; some manufacturing areas have HVAC while the remaining spaces are heated. Ceiling heights range from 12 to 22 feet at the eaves. Fire protection is provided by a wet sprinkler system with a fire alarm system. The property is zoned LI (Light Industrial) within the Siler City ETJ. Site and exterior features include paved parking with 110 spaces, asphalt parking areas, chain-link fencing, and automated gates. Interior lighting includes LED, metal halide, and strip fluorescent fixtures. Utilities include water and sewer service via Siler City (with a stated water allotment of 15,000 gallons per day), electricity supplied by Duke Energy, and natural gas provided by Dominion Energy. Location-wise, it is approximately 0.5 miles from Highway 64 and 1.5 miles from Highway 421, with access to Highway 501 about 17 miles away via Highway 64, and it is approximately 47 miles from RDU International Airport, 46 miles from Piedmont Triad International Airport, and 29 miles from Raleigh Executive Jetport.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of this zoning district is to accommodate enterprises engaged in the industrial, processing, creating, repairing, renovation, painting, cleaning, or assembling of goods, merchandise, or equipment.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
L-I · Siler City, NCThe purpose of this zoning district is to accommodate enterprises engaged in the industrial, processing, creating, repairing, renovation, painting, cleaning, or assembling of goods, merchandise, or equipment.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of this zoning district is to accommodate enterprises engaged in the industrial, processing, creating, repairing, renovation, painting, cleaning, or assembling of goods, merchandise, or equipment.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for L-I in Siler City, NC.
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