216 Shocco Springs Rd - 216 Shocco Springs Rd.
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216 Shocco Springs Rd - 216 Shocco Springs Rd.
39,403 SF Speciality Building Offered at £271,048 in Warrenton, NC 27589
Investment Highlights
- Vacant 34,088 SF Building on 15.0 Acres
- Former Use: Elementary School
- Utilities: Well and Septic Tank
- Flexible Options for End-User or Investor
- Central Heating & AC; Heat Fuel is Oil
- SALE PRICE: $340,000 ($10 PSF)
Executive Summary
CBRE, Inc. is pleased to present 216 Shocco Springs Road, a 34,088 square foot single-story building located on 15.00 acres in Warren County, North Carolina. Approximately 1 hour North of Raleigh, the property is 5 minutes from US Hwy 401 and 12 minutes from Warrenton, NC. Built in 1964 (21,470 SF), with an addition done in 1995 (12,618 SF), the property was used as an elementary school until 2019. The interior boast 17 classrooms, a media center with 3 offices, gymnasium, cafeteria, and multiple auxiliary rooms. The property has been maintained on a weekly basis by the Warren County School System who currently utilizes the property for storage. Any new buyer should anticipate near term capital expenses for the HVAC systems and cosmetic upfit, but the structure, roof and general building systems all remain operational.
Property Facts
| Price | £271,048 | Lot Size | 15.15 AC |
| Price Per SF | £7 | Building Size | 39,403 SF |
| Sale Type | Investment or Owner User | Number of Floors | 1 |
| Property Type | Speciality | Year Built/Renovated | 1964/1995 |
| Building Class | C | Parking Ratio | 0.76/1,000 SF |
| Price | £271,048 |
| Price Per SF | £7 |
| Sale Type | Investment or Owner User |
| Property Type | Speciality |
| Building Class | C |
| Lot Size | 15.15 AC |
| Building Size | 39,403 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1964/1995 |
| Parking Ratio | 0.76/1,000 SF |
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PROPERTY TAXES
| Parcel Number | D9 74 | Improvements Assessment | £1,232,432 |
| Land Assessment | £310,908 | Total Assessment | £1,543,340 |
PROPERTY TAXES
Parcel Number
D9 74
Land Assessment
£310,908
Improvements Assessment
£1,232,432
Total Assessment
£1,543,340
zoning
| Zoning Code | AR (Current zoning is Agricultural Residential (AR) and can accommodate numerous different uses if the building is to be repurposed.) |
| AR (Current zoning is Agricultural Residential (AR) and can accommodate numerous different uses if the building is to be repurposed.) |
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216 Shocco Springs Rd - 216 Shocco Springs Rd.
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