211 Pextile Plant RdStoneville, NC 27048

  • Manufacturing properties
  • 35,664 SF
For Sale
$325,000 View listing

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
211 Pextile Plant Rd, Stoneville, North Carolina

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,931
$100,000
$141,408
$241,408
-
$100,000
$141,408
$241,408

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