Address

200 Williamsburg Parkway Jacksonville, NC

Type

Commercial

Price

$ 3,100,000

Property Attributes

MLS#100169176
TypeCommercial
CountyONSLOW
CityJacksonville
AreaNot In Subdivision
NeighborhoodJacksonville
Zip28546
StyleMixed Use,Retail,Warehouse
Price$ 3,100,000
Bedrooms0
Full Bathrooms0
Half Bathrooms0
Sqr Footage25750
Lot Size5 Acres

Listing Provided Courtesy Of:

Coldwell Banker Alliance Group Realty

Property Description

This site was improved with a two story prefabricated metal building originally designed and constructed in 2003 containing 20,750 square feet for a lumber/hardware store. In 2011 second floor was remodeled/updated so the total square feet was increased to 25,750. The builders supply occupies 20,750 square feet of office/showroom/warehouse space plus the outside coverings and lay-down yard. On the second floor GSA (probation office) has been a tenant sense 2011 and 2019 Morton Containers signed a year lease. The location is central to residential & commercial growth. Near by retailers include: Lowes Foods, Food Lion, CVS, McDonalds, Dunkin Donuts, Taco Bell, Miller Motte College, Autzone and Advance Auto Parts.The 2 main roads that provide access to the property have daily traffic counts of 18,000 & 28,000 cars per day. The lumber company who occupies 20,750 on the ground floor, are looking to move to a smaller office on the side of the building, which will free up about 4400 sqft that can be easily converted in to more lease-able space to help increase the cap rate. The current cap rate, with the current leases in place, is 8%. With the additional free space upstairs and with the lumber company moving to the side, which frees up space, you can increase the cap rate to over 10%. Call today for your VIP tour!

Price History
6/8/2020	Listed $3,100,000

General Features

City Limits	Yes
Construction	Metal Fab
County	Onslow
Days on Market	583
Flooring	Concrete
HOA	No
Location	Industrial Park
New Construction	No
Property Type	G
Roof	Metal, Steel Joists/Truss
Status	Active
Stipulation of Sale	None
Sub-Type	Mixed Use, Retail, Warehouse
Subdivision	Not In Subdivision
Tax Year	2018
Utilities	City Water, Community Sewer
Water Heater	Electric
Year Built	2003
Zoning	CC