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Spruce I 165 One Genesis Way 580,000 SF 100% Leased Industrial Building Spruce Pine, NC 28777 $59,000,000 ($101.72/SF)
INVESTMENT HIGHLIGHTS
- Approximately 4 miles from the charming town of Spruce Pine, NC, offering shops, dining, and local amenities.
- Boasts a great location near the Blue Ridge Mountains, offering scenic views, outdoor recreation, and a peaceful natural setting.
- Only 7 miles from US Route 221, providing easy access to regional destinations and major highways for smooth travel and commuting.
- Located within close proximity to I-81, I-40, and I-26, this property offers connectivity for travel and commerce.
EXECUTIVE SUMMARY
Asking $59,000,000 or best offer. This is a rare opportunity to acquire a premier property nestled in the heart of Western North Carolina. Located near the breathtaking Blue Ridge Mountains, the site offers stunning scenic views, abundant opportunities for outdoor recreation, and a peaceful, natural setting. Situated approximately 4 miles from the charming town of Spruce Pine, NC, the property also offers convenient access to local shops, dining, and amenities.
PROPERTY FACTS
| Price | $59,000,000 | Rentable Building Area | 580,000 SF |
| Price Per SF | $101.72 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1980/1996 |
| Property Type | Industrial | Clear Ceiling Height | 25’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 15 |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 33.04 AC | Opportunity Zone |
Yes
|
| Zoning | I - Industrial | ||
| Price | $59,000,000 |
| Price Per SF | $101.72 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 33.04 AC |
| Rentable Building Area | 580,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1980/1996 |
| Clear Ceiling Height | 25’ |
| No. Dock-High Doors/Loading | 15 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | I - Industrial |
AMENITIES
- Fluorescent Lighting
- Air Conditioning
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
Charlotte
872,498
113
2 h 26 m
Columbus
892,533
389
8 h 11 m
Washington
702,455
434
8 h 44 m
Jacksonville
903,889
455
8 h 48 m
Indianapolis
867,125
473
9 h 25 m
Philadelphia
1,584,138
571
11 h 33 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
19,430
Total Labor Force
8,205
Unemployment Rate
3.74%
Median Household Income
$48,661
Warehouse Employees
1,505
High School Education Or Higher
86.10%
PROPERTY TAXES
| Parcel Number | 1709-00-85-2553 | Improvements Assessment | $1,211,300 |
| Land Assessment | $201,000 | Total Assessment | $1,412,300 |
PROPERTY TAXES
Parcel Number
1709-00-85-2553
Land Assessment
$201,000
Improvements Assessment
$1,211,300
Total Assessment
$1,412,300
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Presented by
Krantz Realty Of South Carolina Llc
Spruce I | 165 One Genesis Way
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