161 T Com Dr - Warehouse FOR SALE


Elizabeth City, NC 27909
$1,725,000 USD
252-256-1279
161 T Com Dr, Elizabeth City, NC for Sale
$1,725,000 USD
Warehouse - FOR SALE
1/49
null | Request Cap Rate

161 T Com Dr
Elizabeth City, NC 27909


HIGHLIGHTS

  • Next to TCOM!
  • Minutes from USCG Base!
  • Minutes from City Limits of Elizabeth City!
  • Zoned Industrial!

OVERVIEW

Industrial opportunity to purchase this 19,950 sq ft building on a 3.57 acre lot zoned I-1 next to TCOM in Pasquotank County NC minutes from the City Limits of Elizabeth City. The main building was built in 2001 and it is 120' wide by 144' deep with 4,560 sq ft of office space, a 12,720 sq ft open warehouse with a service shop on the side measuring 36' by 72'. Ceiling heights are an impressive 25’7” at the ridge and 16' at the eaves. 3 automatic overhead doors range from 12’w x 12’h, 20’w x 14’h, and 20’w x 23’h. Fully heated (propane) and central air conditioned although warehouse AC has not been used in years. Large 30+ vehicle parking lot with a 20' wide concrete band bordering the property which is over 25,000 sq ft of concrete for parking and exterior storage. 5 offices in the 10' x 10'-12' range, 3 larger offices, 2 kitchenettes, 4 restrooms, large 16' x 24' conference room, and a 35' x 35' workspace room. Seller desires a leaseback of up to 18 months following closing but he is willing to pay $12,000 per month to rent it back during that period. Metal roof has just been completely reconditioned and cleaned.

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Industrial Opportunity-19,950 sq ft building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.57

LAND SF

155,509

ZONING

I-1

APN/PARCEL ID

894103441895

ASK ABOUT THIS PROPERTY

Alex RichThe Rich CompanyMore Info
252-256-1279

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Alex RichThe Rich CompanyMore Info
252-256-1279

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