5821 US Highway 264A W 36.65 Acres of Industrial Land Offered at $4,764,500 in Sims, NC 27880

A 36.65 AC tract of land zoned M-1 = Heavy Industrial, with excellent redevelopment potential. Located in the easter part of the state, 50 miles east of Raleigh, 35 miles west of Greenville, 20 miles south of Rocky Mount and 27 miles north of Goldsboro. This submarket has been extremely fortunate to recently announce several major economic drivers totaling more than $2.4 Billion Dollars of NEW investment, which will positively change the future demographic, population, and income levels for the submarket. The parcel contains a flat Topo, with an existing 2 +/- acre detention pond in place. The property contains 784 linear feet of frontage on NC HWY 264 Alternate. Zoning is controlled by the City of Wilson NC. A major residential subdivision called Mill Stone Creek, constructed by Lennar Homes is currently being developed. This development proposes 330 homes, with additional acreage available for further future build out, potentially totaling 500 homes. Additionally, abundant developable residential acreage exists within close proximity of the subject, potentially increasing density of the submarket as the area continues to grow. This development has been annexed into the City of Wilson NC, and public water and sewer and being supplied to the site. Topo is flat, and with a permitted 2 +/- AC water detention pond located in the back corner of the subject property. The rear boarder of the subject property contains a Carolina Coastal Rail Line. The subject is well located and near major retail, housing and apartments. Located 4 ½ miles from the intersection of Airport Blvd W and Raleigh parkway Roads (major new retail development, houses and apartments), 2 ½ Miles from Merck Road (major NEW employment drivers’ announcements), and 1.85 miles from the entrance to I-95 N/S.