5311 Castle Hayne Rd - Specialty FOR SALE


Castle Hayne, NC 28429
$2,500,000 USD
910-409-8421
5311 Castle Hayne Rd, Castle Hayne, NC for Sale
$2,500,000 USD
Specialty - FOR SALE
1/17
null | Request Cap Rate

5311 Castle Hayne Rd
Castle Hayne, NC 28429


OVERVIEW

(2) Flex Buildings Totaling 9,000 SF on 3.16 Acres - For Sale Available For Sale: Prime Road Frontage Opportunity with 3.16 acres and (2) buildings totaling +/- 9,000 SF on Castle Hayne Road. Address: 5301, 5307, and 5311 Castle Hayne Road, Castle Hayne, North Carolina, 28429. The Property: Three parcels totaling 3.16 Acres with (2) metal building totaling +/- 9,000 SF. The buildings were purpose-built in 1982 for the Castle Hayne Volunteer Fire Department and then by New Hanover County Emergency Services. Use of the existing buildings could provide an opportunity for an owner occupier needing garage space for trucks, trailers and equipment or future investment. It could also be retrofitted for other uses wanting frontage and visibility on a major thorough fare. The front 6,954 SF building offers the following: • Eight (8) 12’x12’ electric grade-level drive-in doors provide drive-thru access • Clear-span garage with 15ft eave height and 23ft at center • Small office with additional large open meeting room and full-service kitchen • 3 restrooms, one with shower • Work out / storage area • Additional rear corner kitchen with 3 compartment steel sinks • Building dimensions are 114ft Wide x 61ft Deep The rear 2,000 SF building offers the following: • Three (3) 12’x12’ electric grade-level drive-in front-loaded doors • Clear-span heated garage with 14ft eave height and 22ft at center • Building dimensions are 50ft Wide x 40ft Deep • Additional +/- 300 SF utility building houses additional space for storage of tools, smaller equipment, etc. It also has washer and dryer hook ups, Culligan water softener and designated air compressor closet. The total foot print of the property consists of 3.16 Acres with two of the parcels making up approximately 2 acres that are undeveloped. This open area is mostly cleared and ideal for use as a laydown yard, equipment storage, overflow parking, or potential redevelopment. Potential uses for the property will need to be confirmed with New Hanover County Zoning Office.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$279 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

5301, 5307, 5311 Castle Hayne Road

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

53,917 SF

ZONING

O & I

APN/PARCEL ID

R01100-012-001-001

ASK ABOUT THIS PROPERTY

Cody Cress, SIORThe Cress Group at Sun Coast Partners CommercialMore Info
910-409-8421

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Cody Cress, SIORThe Cress Group at Sun Coast Partners CommercialMore Info
910-409-8421

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