211 Pextile Plant RdStoneville, NC 27048
- Manufacturing properties
- 35,664 SF
Property Details for 211 Pextile Plant Rd
- Year built
- 1961
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 5.00 AC
- Property size (Sq ft)
- 35,664 SF
- Zone code
- LIGHT INDUSTRIAL COUNTY
- Property type
- Manufacturing properties
- APN
- 7928-00-61-5437-00
- APU
- 79280061543700
Description
This 35,400-square-foot warehouse, located at 211 Pextile Plant Rd, Stoneville, NC 27048, is offered for sale at $325,000. The property boasts a price per square foot of $9.18, with a land value of $9 per square foot. Situated conveniently on US 220/73 between Greensboro, NC and Martinsville, VA, it's only 8.4 miles south of the Commonwealth Crossing Business Center in Ridgeway, VA. While the building has been vacant for several years and requires significant renovations, it presents a compelling investment opportunity. Deferred maintenance includes the need for a complete roof replacement and rewiring, as the existing wiring has been stolen. Offices and restrooms will require complete rebuilding. Despite these needs, the warehouse features remarkably flat concrete floors, and ample outdoor space is available for trailer storage. Local utility companies have confirmed the feasibility of connecting water service to the site. This property offers significant potential for redevelopment and is ideally positioned for a variety of industrial uses. The substantial square footage and strategic location make this a rare opportunity in Rockingham County.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,478,604
- Hospitality
- $4,102,378
- Educational
- $3,413,130
- Medical
- $3,530,513
- Retail
- $5,309,314
Location Insight
- City
- Stoneville
- County
- Rockingham
- State
- North Carolina
- Latitude
- 36.4429
- Longitude
- -79.9296
- CBSA code
- 24660
- CBSA name
- GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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