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148 Industrial Park Dr 24,550 SF Vacant Industrial Building Rockingham, NC 28379 $2,950,000 ($120.16/SF)
Investment Highlights
- 3 Phase 4 wire 480v
- Dock high and drive in doors
Executive Summary
25k +/- leased occupied warehouse with approximately 2200 +/- office. Dock high and drive in doors on both sides of building. 16' eave height. Broker/Owner. Currently with warehouse tenant and office tenant.
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$110,400
|
$4.50
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$110,400
|
$4.50
|
| Taxes |
$6,000
|
$0.24
|
| Operating Expenses |
$11,500
|
$0.47
|
| Total Expenses |
$17,500
|
$0.71
|
| Net Operating Income |
$92,900
|
$3.78
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $110,400 |
| Annual Per SF | $4.50 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $110,400 |
| Annual Per SF | $4.50 |
| Taxes | |
|---|---|
| Annual | $6,000 |
| Annual Per SF | $0.24 |
| Operating Expenses | |
|---|---|
| Annual | $11,500 |
| Annual Per SF | $0.47 |
| Total Expenses | |
|---|---|
| Annual | $17,500 |
| Annual Per SF | $0.71 |
| Net Operating Income | |
|---|---|
| Annual | $92,900 |
| Annual Per SF | $3.78 |
Property Facts
| Price | $2,950,000 | Rentable Building Area | 24,550 SF |
| Price Per SF | $120.16 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1992 |
| Property Type | Industrial | Clear Ceiling Height | 20’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 6 |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 2.80 AC | ||
| Zoning | Light Industrial - City of Rockingham I-1 Light industrial | ||
| Price | $2,950,000 |
| Price Per SF | $120.16 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.80 AC |
| Rentable Building Area | 24,550 SF |
| No. Stories | 1 |
| Year Built | 1992 |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | Light Industrial - City of Rockingham I-1 Light industrial |
Utilities
- Gas - Natural
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Total Assessment | $437,130 (2025) | |
| Land Assessment | $26,996 (2025) | Annual Taxes | $6,000 ($0.24/SF) |
| Improvements Assessment | $410,134 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$26,996 (2025)
Improvements Assessment
$410,134 (2025)
Total Assessment
$437,130 (2025)
Annual Taxes
$6,000 ($0.24/SF)
Tax Year
2026
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148 Industrial Park Dr
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