This exceptional 171,799-square-foot industrial building, located at 720 Main St W in Valdese, NC, presents a significant opportunity. This single-tenant property boasts a prime location in downtown Valdese, offering convenient access to I-40. Built in 1962 and renovated in 1970, the three-story structure features 12-20' clear ceilings, thirteen dock-high doors, and a robust 120/208 3-phase power system. The property includes a wet sprinkler system for enhanced safety and security. Recent improvements include LED lighting, a partially new roof covering approximately 75,000 square feet, and new gas unit heaters. The 7.57-acre lot is fully fenced and provides ample paved parking. The building is zoned M1 and has an APN of 2733-66-4140. The property also features elevators. Taxes and insurance are paid by the owner. This expansive facility is ideal for a variety of manufacturing and warehousing operations. Don't miss this chance to secure a well-maintained, strategically located industrial space.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$31,568,086
Hospitality
$28,916,198
Educational
$24,057,936
Medical
$24,885,326
Retail
$37,423,456
Location Insight
City
Valdese
County
Burke
State
North Carolina
Latitude
35.7453
Longitude
-81.5735
CBSA code
25860
CBSA name
HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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