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Industrial Opportunity-19,950 sq ft building 161 T Com Dr 19,950 SF 100% Leased Industrial Building Elizabeth City, NC 27909 $1,725,000 ($86.47/SF)

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INVESTMENT HIGHLIGHTS

  • Next to TCOM!
  • Minutes from City Limits of Elizabeth City!
  • Minutes from USCG Base!
  • Zoned Industrial!

EXECUTIVE SUMMARY

Industrial opportunity to purchase this 19,950 sq ft building on a 3.57 acre lot zoned I-1 next to TCOM in Pasquotank County NC minutes from the City Limits of Elizabeth City. The main building was built in 2001 and it is 120' wide by 144' deep with 4,560 sq ft of office space, a 12,720 sq ft open warehouse with a service shop on the side measuring 36' by 72'. Ceiling heights are an impressive 25’7” at the ridge and 16' at the eaves. 3 automatic overhead doors range from 12’w x 12’h, 20’w x 14’h, and 20’w x 23’h. Fully heated (propane) and central air conditioned although warehouse AC has not been used in years. Large 30+ vehicle parking lot with a 20' wide concrete band bordering the property which is over 25,000 sq ft of concrete for parking and exterior storage. 5 offices in the 10' x 10'-12' range, 3 larger offices, 2 kitchenettes, 4 restrooms, large 16' x 24' conference room, and a 35' x 35' workspace room. Seller desires a leaseback of up to 18 months following closing but he is willing to pay $12,000 per month to rent it back during that period. Metal roof has just been completely reconditioned and cleaned.

PROPERTY FACTS

Price $1,725,000
Price Per SF $86.47
Sale Type Investment
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Lot Size 3.57 AC
Rentable Building Area 19,950 SF
No. Stories 1
Year Built 2001
Zoning I-1 - Industrial

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
894103441895
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$744,700
  • Listing ID: 36334824

  • Date on Market: 6/20/2025

  • Last Updated:

  • Address: 161 T Com Dr, Elizabeth City, NC 27909

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