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Krantz Industrial Park 1 Water St 650,000 SF 23% Leased Industrial Building Old Fort, NC 28762 $99,000,000 ($152.31/SF)

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INVESTMENT HIGHLIGHTS

  • Ample space for storage, production, or operational needs.
  • Drive-in doors for flexible vehicle access and easy loading.
  • Multiple loading docks to accommodate high-volume shipping and receiving.
  • Close to major transportation, ideal for distribution, warehousing, or manufacturing.

EXECUTIVE SUMMARY

Asking $99,000,000 or best offer. Great opportunity as investment or owner user. The property offer excellent logistical advantages. Its proximity to major transportation route makes it ideal for distribution, warehousing or manufacturing operations.

PROPERTY FACTS

Price $99,000,000
Price Per SF $152.31
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Distribution
Building Class C
Lot Size 67.68 AC
Rentable Building Area 650,000 SF
No. Stories 1
Year Built 1946
Parking Ratio 0.2/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 25
No. Drive In / Grade-Level Doors 8
Opportunity Zone Yes
Zoning C2 - Community Commercial

AMENITIES

  • Fenced Lot
  • Storage Space

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 500,000 SF
  • Industrial
  • Full Build-Out
  • Now

21 Individual Spaces ranging in size between 20,000 - 120,000 SF

Space Size Space Use Condition Available
1st Floor 500,000 SF Industrial Full Build-Out Now

1st Floor

Size
500,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 500,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

21 Individual Spaces ranging in size between 20,000 - 120,000 SF

DEMOGRAPHICS

REGIONAL ACCESSIBILITY

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Charlotte
872,498
104
2 h 7 m
Columbus
892,533
423
8 h 37 m
Jacksonville
903,889
443
8 h 26 m
Washington
702,455
464
8 h 43 m
Indianapolis
867,125
476
9 h 21 m
Philadelphia
1,584,138
602
11 h 32 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
34,627
Total Labor Force
15,756
Unemployment Rate
2.72%
Median Household Income
$56,608
Warehouse Employees
3,632
High School Education Or Higher
89.20%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0659-07-68-4715
Land Assessment
$1,610,290
Improvements Assessment
$2,047,630
Total Assessment
$3,657,920
  • Listing ID: 35702106

  • Date on Market: 5/1/2025

  • Last Updated:

  • Address: 1 Water St, Old Fort, NC 28762

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