720 Main StValdese, NC 28690

  • Manufacturing properties
  • 118,035 SF
For Lease
$3.95/SF/YR View listing

Property Details for 720 Main St

Year built
1962
Construction
WOOD FRAME
Lot size
7.57 AC
Property size (Sq ft)
118,035 SF
Zone code
GENERAL MANUF DIST
Property type
Manufacturing properties
APN
33222
APU
33222

Description

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

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
2024
$17,125
$169,560
$1,586,883
$1,756,443
-
$169,560
$1,586,883
$1,756,443

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