419 W River Rd | Louisburg, NC 27549
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- LoopNet Team
419 W River Rd
Louisburg, NC 27549
Ford Warehouse · Industrial Property For Sale
Investment Highlights
- Passive Lease – Novozymes of North America, Inc. is operating on a NNN lease with landlord responsible for roof, HVAC and structural elements
- High Quality Facility – This single-story industrial building has been professionally maintained and features ±90,000 SF of cold storage space
- Irreplaceable Location – The property is located near the heavily trafficked Louisburg Road/US 401 and is only 30 miles away from Raleigh.
- Strong Market Fundamentals – The property is positioned strategically in the Franklin County submarket, with trailing 12-month rent growth
- Excellent Demographics – Within the surrounding 5-miles, the population is projected to grow steadily over the next 5 years and boasts over $96.7M
- Established, Industry – Leading Tenant – Novozymes was founded in 1952 as the world’s largest provider of enzyme and microbial technologies
PROPERTY FACTS
| Property Type | Industrial | Year Built/Renovated | 1975/2022 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Parking Ratio | 0.14/1,000 SF |
| Lot Size | 15.93 AC | Clear Ceiling Height | 24 ft |
| Rentable Building Area | 195,000 SF | No. Dock-High Doors/Loading | 15 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 6 |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 15.93 AC |
| Rentable Building Area | 195,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1975/2022 |
| Tenancy | Single |
| Parking Ratio | 0.14/1,000 SF |
| Clear Ceiling Height | 24 ft |
| No. Dock-High Doors/Loading | 15 |
| No. Drive In / Grade-Level Doors | 6 |
Amenities
- 24 Hour Access
- Cooler
- Freezer (Space)
- Security System
- Signage
- USDA/FDA
- Storage Space
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
PROPERTY TAXES
| Parcel Number | 015368 | Improvements Assessment | $7,596,154 |
| Land Assessment | $611,289 | Total Assessment | $8,207,443 |
PROPERTY TAXES
Parcel Number
015368
Land Assessment
$611,289
Improvements Assessment
$7,596,154
Total Assessment
$8,207,443
zoning
| Zoning Code | Industrial Warehouse (Storage) |
| Industrial Warehouse (Storage) |
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