458 Whitfield St - Manufacturing FOR SALE


Fayetteville, NC 28306- South View
$850,000 USD
984-244-4056
458 Whitfield St, Fayetteville, NC for Sale
$850,000 USD
Manufacturing - FOR SALE
1/50
null | Request Cap Rate

458 Whitfield St
Fayetteville, NC 28306
South View


HIGHLIGHTS

  • AUCTION - December 15-17 | Starting Bid: $850,000- Register to bid and access due diligence documents on RealINSIGHT Marketplace
  • Value Add or Owner User Opportunity (183,838 SF | 18.04 Acres | 34% Leased)
  • Onsite Infrastructure: Back-Up Generator, Cooling Towers, Rail Spur
  • Recent Roof & HVAC Upgrades, Tenant Improvements
  • Zoning HI Heavy Industrial with Heavy Power
  • Large Truck Court with Fueling Station (Diesel)

OVERVIEW

AUCTION—December 15-17, 2025 | Starting Bid: $850,000—Register to bid and access due diligence documents on RealINSIGHT Marketplace. Marcus & Millichap and RI Marketplace are pleased to present the opportunity to acquire a vacant, freestanding industrial property located at 458 Whitfield Street in Fayetteville, North Carolina 28301 (the “Property”). This asset offers a rare opportunity for investors or owner-users to reposition a well-located site in a transitioning urban-industrial corridor with immediate proximity to downtown Fayetteville and major transportation routes. Located less than 2 miles from downtown Fayetteville, the Property offers easy access to I-95, I-87, and Grannis Field Regional Airport (FAY), making it well positioned for last-mile users and regional service providers. The surrounding area is characterized by a mix of warehouse users, light industrial operators, and small business facilities. Situated on a ±18-acre parcel, the property consists of an industrial complex totaling approximately 183,838 SF (buyer to verify). The building features masonry construction and is zoned HI—Heavy Industrial, allowing for a wide variety of industrial and commercial uses, including heavy manufacturing, assembly, fabrication, processing, distribution, storage, research and development, and other large-scale uses. The building was originally constructed as the headquarters and printing facility for the Fayetteville Observer newspaper; it has since been repurposed into one of the largest Class B infill industrial assets in that market with recent configuration to accommodate multiple tenants. This campus facility is equipped with onsite infrastructure, including cooling towers, a diesel backup generator, and a rail spur, and is configured with 12 dock doors, 2 rail dock doors, and clear heights up to 26’ (press hall ceiling 52’). With partial occupancy there's an immediate upside through re-tenanting the available warehouse and distribution space. The Property presents a compelling value-add opportunity in one of Fayetteville’s most accessible, infill, corridors. Fayetteville is the economic center of southeastern North Carolina and one of the state’s most strategically important logistics and defense markets with this facility located less than 20 minutes from Fort Bragg, the largest US Army military base (based on population). The city benefits from robust military-related infrastructure, a large and diverse labor pool, and ongoing investments in transportation and utility infrastructure. As demand for urban industrial space continues to rise, 458 Whitfield Street represents a unique opportunity to acquire flexible, infill industrial real estate in a path-of-growth.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$5 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AUCTION - 183,000 SF Industrial Value Add

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

52 Ft

DOCKS

14

DRIVE INS

1

PARKING SPACES

380

LAND DETAILS

LAND ACRES

18.04

LAND SF

785,822

ZONING

HI

APN/PARCEL ID

0436-28-2705

ASK ABOUT THIS PROPERTY

Holly SmithMarcus & MillichapMore Info
984-244-4056

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

Holly SmithMarcus & MillichapMore Info
984-244-4056

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