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AUCTION - 183,000 SF Industrial Value Add 458 Whitfield St 183,838 sq ft Vacant Industrial Property Fayetteville, NC 28306 For Sale
INVESTMENT HIGHLIGHTS
- AUCTION - December 15-17 | Starting Bid: $850,000
- Onsite Infrastructure: Back-Up Generator, Cooling Towers, Rail Spur
- Zoning HI Heavy Industrial with Heavy Power
- Value Add or Owner User Opportunity (183,838 SF | 18.04 Acres | 34% Leased)
- Recent Roof & HVAC Upgrades, Tenant Improvements
- Large Truck Court with Fueling Station (Diesel)
EXECUTIVE SUMMARY
AUCTION—December 15-17, 2025 | Starting Bid: $850,000
Marcus & Millichap is pleased to present the opportunity to acquire a vacant, freestanding industrial property located at 458 Whitfield Street in Fayetteville, North Carolina 28301 (the “Property”). This asset offers a rare opportunity for investors or owner-users to reposition a well-located site in a transitioning urban-industrial corridor with immediate proximity to downtown Fayetteville and major transportation routes. Located less than 2 miles from downtown Fayetteville, the Property offers easy access to I-95, I-87, and Grannis Field Regional Airport (FAY), making it well positioned for last-mile users and regional service providers. The surrounding area is characterized by a mix of warehouse users, light industrial operators, and small business facilities.
Situated on a ±18-acre parcel, the property consists of an industrial complex totaling approximately 183,838 SF (buyer to verify). The building features masonry construction and is zoned HI—Heavy Industrial, allowing for a wide variety of industrial and commercial uses, including heavy manufacturing, assembly, fabrication, processing, distribution, storage, research and development, and other large-scale uses. The building was originally constructed as the headquarters and printing facility for the Fayetteville Observer newspaper; it has since been repurposed into one of the largest Class B infill industrial assets in that market with recent configuration to accommodate multiple tenants. This campus facility is equipped with onsite infrastructure, including cooling towers, a diesel backup generator, and a rail spur, and is configured with 12 dock doors, 2 rail dock doors, and clear heights up to 26’ (press hall ceiling 52’). With partial occupancy there's an immediate upside through re-tenanting the available warehouse and distribution space. The Property presents a compelling value-add opportunity in one of Fayetteville’s most accessible, infill, corridors.
Fayetteville is the economic center of southeastern North Carolina and one of the state’s most strategically important logistics and defense markets with this facility located less than 20 minutes from Fort Bragg, the largest US Army military base (based on population). The city benefits from robust military-related infrastructure, a large and diverse labor pool, and ongoing investments in transportation and utility infrastructure. As demand for urban industrial space continues to rise, 458 Whitfield Street represents a unique opportunity to acquire flexible, infill industrial real estate in a path-of-growth.
Marcus & Millichap is pleased to present the opportunity to acquire a vacant, freestanding industrial property located at 458 Whitfield Street in Fayetteville, North Carolina 28301 (the “Property”). This asset offers a rare opportunity for investors or owner-users to reposition a well-located site in a transitioning urban-industrial corridor with immediate proximity to downtown Fayetteville and major transportation routes. Located less than 2 miles from downtown Fayetteville, the Property offers easy access to I-95, I-87, and Grannis Field Regional Airport (FAY), making it well positioned for last-mile users and regional service providers. The surrounding area is characterized by a mix of warehouse users, light industrial operators, and small business facilities.
Situated on a ±18-acre parcel, the property consists of an industrial complex totaling approximately 183,838 SF (buyer to verify). The building features masonry construction and is zoned HI—Heavy Industrial, allowing for a wide variety of industrial and commercial uses, including heavy manufacturing, assembly, fabrication, processing, distribution, storage, research and development, and other large-scale uses. The building was originally constructed as the headquarters and printing facility for the Fayetteville Observer newspaper; it has since been repurposed into one of the largest Class B infill industrial assets in that market with recent configuration to accommodate multiple tenants. This campus facility is equipped with onsite infrastructure, including cooling towers, a diesel backup generator, and a rail spur, and is configured with 12 dock doors, 2 rail dock doors, and clear heights up to 26’ (press hall ceiling 52’). With partial occupancy there's an immediate upside through re-tenanting the available warehouse and distribution space. The Property presents a compelling value-add opportunity in one of Fayetteville’s most accessible, infill, corridors.
Fayetteville is the economic center of southeastern North Carolina and one of the state’s most strategically important logistics and defense markets with this facility located less than 20 minutes from Fort Bragg, the largest US Army military base (based on population). The city benefits from robust military-related infrastructure, a large and diverse labor pool, and ongoing investments in transportation and utility infrastructure. As demand for urban industrial space continues to rise, 458 Whitfield Street represents a unique opportunity to acquire flexible, infill industrial real estate in a path-of-growth.
PROPERTY FACTS
| Sale Type | Investment | Year Built/Renovated | 1977/1999 |
| Property Type | Industrial | Parking Allocation | 2.07/1,000 sq ft |
| Property Subtype | Manufacturing | Eaves Height | 52 ft |
| Costar Property Class | B | No. Dock-High Doors/Loading | 14 |
| Total Plot Size | 18.04 ac | No. Drive In / Grade-Level Doors | 1 |
| Net Internal Area (NIA) | 183,838 sq ft | Opportunity Zone |
Yes
|
| No. Floors | 2 | ||
| Use Class | HI - Heavy Industrial | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Costar Property Class | B |
| Total Plot Size | 18.04 ac |
| Net Internal Area (NIA) | 183,838 sq ft |
| No. Floors | 2 |
| Year Built/Renovated | 1977/1999 |
| Parking Allocation | 2.07/1,000 sq ft |
| Eaves Height | 52 ft |
| No. Dock-High Doors/Loading | 14 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Use Class | HI - Heavy Industrial |
AMENITIES
- 24 Hour Access
- Atrium
- Courtyard
- Fenced Lot
- Front Loading
- Raised Floor
- Security System
- Signage
- Skylights
- Yard
- Reception
- Storage Space
- Common Parts WC Facilities
- Demised WC facilities
- Monument Signage
- Air Conditioning
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE TYPE
- LEASE END
- NCDPS
- Public Administration
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Wahconah Properties Incorporated
- Service type
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Tactical uniform restoration, cleaning, and repairing company.
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE TYPE | LEASE END | |
| NCDPS | Public Administration | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Wahconah Properties Incorporated | Service type | - | $9.99 | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- CONDITION
- AVAILABLE
- Basement
- 39,830 sq ft
- Industrial
- Full Fit-Out
- Now
- 1st Floor
- 69,806 sq ft
- Industrial
- Full Fit-Out
- Now
| Space | Size | Space Use | Condition | Available |
| Basement | 39,830 sq ft | Industrial | Full Fit-Out | Now |
| 1st Floor | 69,806 sq ft | Industrial | Full Fit-Out | Now |
Basement
| Size |
| 39,830 sq ft |
| Space Use |
| Industrial |
| Condition |
| Full Fit-Out |
| Available |
| Now |
1st Floor
| Size |
| 69,806 sq ft |
| Space Use |
| Industrial |
| Condition |
| Full Fit-Out |
| Available |
| Now |
PROPERTY TAXES
| Parcel Number | 0436-28-2705 | Improvements Assessment | £2,529,224 |
| Land Assessment | £51,284 | Total Assessment | £2,580,508 |
PROPERTY TAXES
Parcel Number
0436-28-2705
Land Assessment
£51,284
Improvements Assessment
£2,529,224
Total Assessment
£2,580,508
CONTACTS
-
Holly Smith -
Andrew Margulies -
Ian Grusd -
Connor Curtin -
Bryce Dunks -
Marcus & Millichap
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AUCTION - 183,000 SF Industrial Value Add | 458 Whitfield St
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