Property profile

967 Nc Highway 211 E Candor, NC 27229

FOR SALE
Industrial properties
Property ID
US53-4696018
93,500 SF 78.67 ac lot Built 1999
Entity Owned 13-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 400,000-square-foot industrial warehouse property presents a remarkable build-to-suit opportunity in Candor, North Carolina. Situated on approximately 50 acres of land zoned for General Industrial use, this site offers significant potential for development. The property features two existing buildings totaling 400,000 square feet of net rentable space, providing ample room for customization. The high ceilings, measuring a minimum of 32 feet clear, accommodate various industrial needs. The warehouse boasts 112 parking spaces with expansion capabilities, and convenient access to the Aberdeen Carolina Western Railway. Twelve 12' x 14' drive-in doors and numerous overhead doors (20 - 10 knockouts up) ensure efficient loading and unloading. The property's infrastructure includes a robust power supply (480-227 volt, 3-phase), water, sewer, and an ESFR sprinkler system. The tilt-up construction and a 6-7 inch or 4000 PSI concrete slab provide a durable and reliable foundation. Office space is estimated at 5-10% of the total square footage. This prime location in Montgomery County, NC (zip code 27229), offers an unparalleled opportunity for businesses seeking a large-scale industrial facility with rail access. The property is currently vacant, allowing for immediate development to meet specific requirements.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1999
Total area 93,500 SF
Lot 78.67 ac (3,426,865 SF)
Zoning code INDUSTRIAL MEDIUM
APN 7586 00 65 7848
UPID US53-4696018

Cap rate & NOI

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

Location

967 Nc Highway 211 E Candor, NC 27229
Candor metro Census 960501
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$765k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$765k

Owner & transaction history

since 2013
2 recorded transactions
2013
$1.8M
2006
$2.0M

Zoning & alternative use

INDUSTRIAL MEDIUM · Candor, NC

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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