2202 Charleston StWilson, NC 27893

Property Details for 2202 Charleston St

Lot size

12.37 AC

Property type

Office buildings

APN

3721-60-6058.000

APU

3721606058000

Description

This exceptional 12.37-acre industrial land parcel in Wilson, North Carolina, presents a compelling investment opportunity. Located conveniently south of downtown Wilson, the property enjoys excellent access to major transportation arteries, including Business 264 and Interstate 587. Zoned for heavy industrial use, this site is ideally suited for a variety of industrial applications. The property's significant advantage is its adjacency to rail siding, provided by the Carolina Coastal Railway (CLNA), offering seamless freight transportation capabilities. Currently undergoing the Brownfields Program application process, this former manufacturing site offers potential for redevelopment and significant cost savings. The asking price is $346,360, translating to $28,000 per acre. The property's Assessed Parcel Number (APN) is 3721-60-6058. Detailed information regarding the Brownfields application and site history is available upon request. This strategic location and robust infrastructure make this property an attractive prospect for businesses seeking efficient operations and convenient logistics. The property's size and zoning provide ample space for expansion and future development. Don't miss this chance to acquire a prime industrial site in a thriving North Carolina location.

• CAP approach

  CAP return

  Valuation

  6%

  $130,610,856

  6.5%

  $120,563,864

  7%

  $111,952,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $142,641,744

  Geo Method

  $123,684,648

• Alternative Use

  Use

  Valuation

  Residential

  $149,499,200

  Hospitality

  $136,940,464

  Educational

  $113,932,856

  Medical

  $117,851,176

  Retail

  $177,228,880

Location Insight

City

Wilson

County

Wilson

State

North Carolina

Latitude

35.6961

Longitude

-77.8998

CBSA code

48980

CBSA name

WILSON, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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