1085 Old US 421 - Industrial FOR SALE


Lillington, NC 27546
$1,200,000 USD
910-237-1675
1085 Old US 421, Lillington, NC for Sale
$1,200,000 USD
Industrial - FOR SALE
1/63
null | Request Cap Rate

NEW


1085 Old US 421
Lillington, NC 27546


HIGHLIGHTS

  • includes a home, garage and warehouse
  • well traveled road

OVERVIEW

The property at 1051 & 1085 Old US 421 includes a home, along with approximately 8± acres featuring a garage and warehouse. This unique setup provides excellent flexibility for either residential or commercial use, with ample space and existing structures in place. Commercial /Industrial Potential: Rezoning will be required for most commercial or industrial uses. However, the property is grandfathered for use as a scrap metal yard under its current residential zoning. The Town is also open to reviewing a business site plan for other types of ventures—buyers are encouraged to make their offers contingent upon town approval. Residential Opportunity: The site can also be subdivided for residential development, offering another path for maximizing value.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1085 Old US 421

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

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DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ann MiltonAnn Milton RealtyMore Info
910-237-1675

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Ann MiltonAnn Milton RealtyMore Info
910-237-1675

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.