8902 US Highway 64 - Manufacturing FOR SALE


Robersonville, NC 27871
$4,129,412 USD
804-291-8404
8902 US Highway 64, Robersonville, NC for Sale
$4,129,412 USD
Manufacturing - FOR SALE
1/68
null | 8.5% Cap Rate

8902 US Highway 64
Robersonville, NC 27871


HIGHLIGHTS

  • Low operating cost, excellent workforce and ample facility space.

OVERVIEW

Excellent condition fully leased building in Robersonville North Carolina. The location is less than 2 hours and 100 miles from the Port of Norfolk and 2 and a half hours from the Port of Wilmington NC with excellent access roads. The facility is less than 2miles from the future I87. The facility is located off US-64 with a large lot and ample parking and paved space for trailer storage and access. The facility is built of masonry with a brand new roof on the office and facility with new metal decking added in 2024. Expect to have almost no maintenance and very little repair costs on this property for the next 30-40 years. The clear heights vary from 15-17ft but the majority of the facility is 15ft minimum clear below the sprinkler pipes and joists. The location features very low property tax of $7647.11 and a local state insurance plan of $3,942 per year for the entire facility written by the North Carolina Joint Underwriting Association. The county does not assess further taxes on business property and equipment. This puts operating expenses under .15/ft annually. The facility featured a new roof, refurbished office space, new lighting, demolition of old factory equipment and layouts, new dock doors and exit lighting among other work in a major overhaul in 2024. The facility was converted to warehouse and distribution space from prior use as a textile manufacturer. Prior uses included a shoe manufacturer and high end manufacturing. The facility has ample power for distribution & manufacturing uses and the capacity to expand. The facility has ample power with the capacity for a 3000KVA transformer available and space for a second 3000KVA transformer if the power use justifies for the local utility. The facility has 277/480 volts. The locality is business friendly with an excellent work force. The building is leased to a high end fitness product brand and home goods brand primarily selling under the ProSourceFit product lines through e-commerce channels. The extra parking in the lot is leased to RFI Distribution Inc. for trailer parking and storage. Seller will offer buy-side representatives a 3% brokerage commission. The property has a clean environmental record.

FOR SALE DETAILS

PRICE

$4,129,412 USD

PRICE/SF

$47 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Robersonville NC Warehouse

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

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

CLEAR CEILING HT

15 Ft

DOCKS

8

DRIVE INS

1

PARKING SPACES

168

LAND DETAILS

LAND ACRES

17.44

LAND SF

759,686

ZONING

Industrial

APN/PARCEL ID

0701202

ASK ABOUT THIS PROPERTY

James AddisonBRP Investments II LLCMore Info
804-291-8404

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James AddisonBRP Investments II LLCMore Info
804-291-8404

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