161 Tcom Drive, Elizabeth City, NC 27909

$1,725,000
Property Type: Comm Sale or Lease Square Footage: 19,950 Lot Size (sq. ft.): 155,509 Status: Active
Current Price: $1,725,000 List Date: 6/19/2025 Last Modified: 7/01/2025

Description

Industrial opportunity to purchase this 19,950 sq ft building on a 3.57 acre lot zoned I-1 next to TCOM in Pasquotank County NC minutes from the City Limits of Elizabeth City. The main building was built in 2001 and it is 120' wide by 144' deep with 4,560 sq ft of office space, a 12,720 sq ft open warehouse with a service shop on the side measuring 36' by 72'. Ceiling heights are an impressive 25'7'' at the ridge and 16' at the eaves. 3 automatic overhead doors range from 12'w x 12'h, 20'w x 14'h, and 20'w x 23'h. Fully heated (propane) and central air conditioned although warehouse AC has not been used in years. Large 30+ vehicle parking lot with a 20' wide concrete band bordering the property which is over 25,000 sq ft of concrete for parking and exterior storage. 5 offices in the 10' x 10'-12' range, 3 larger offices, 2 kitchenettes, 4 restrooms, large 16' x 24' conference room, and a 35' x 35' workspace room. Seller desires a leaseback of up to 18 months following closing but he is willing to pay $12,000 per month to rent it back during that period. Metal roof has just been completely reconditioned and cleaned.

More Information MLS# 100514623

Building/Ext Features

# of Parking Spaces: 30 Lot Acres: 3.57 Lot SqFt: 155509 Lot Dimensions: 317.58' x 488.11' x 319.32' x 487.82' SqFt - Office: 4560 SqFt - Warehouse: 15390 Location Type: Mainland

Contract Info

Available Date: 2025-06-19 Delayed Marketing?: No Garage: N/A Sale/Lease: Sale List Price/SqFt: 86.47 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2025-06-19 Listing Price: 1725000 Current Price: $1,725,000

Location Information

City Limits: No Marketing City: Elizabeth City Secondary Subdivision: N/A Street #: 161 Street Name: Tcom Street Suffix: Drive County: Pasquotank State/Province: NC Zip Code: 27909 Subdivision: Not In Subdivision Geo Lat: 36.230009 Geo Lon: -76.137204

Remarks and Showing

Sign on Property: Yes Directions to Property: From Weeksville Road heading South once you pass Coast Guard base turn left a mile or so past USCG on Toxey Road continue straight until it becomes TCOM Drive and the building will be on the left just before you reach TCOM.

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 744700 Deed Book: 685 Deed Page: 525 Legal: Fee Simple Broker Owner: No PID: 894103441895 Tax Identifier: 894103441895 Plat Book: 28 Plat Page: 15 Total Real Estate Property Taxes: 4617.14 Special Assessments: N/A Tax Year: 2022 Zoning: I-1 Cobra Zone: No Federal Flood Ins Avlbl: Yes Year Built: 2001

Business Type

Industrial: 1 Manufacturing: 1 Storage: 1 Transportation: 1 Warehouse: 1 Building Supply: 1 Commercial: 1 Wholesale: 1

Current Use

Commercial: 1

HOA and Neigh Amenities

Heating/Cooling: 1

C & I Features

Delivery Door: 1 Drive In Door: 1 Overhead Doors: 1 Skylights: 1

Construction

Steel Frame: 1 Metal Fab: 1

Exterior Finish

Aluminum Siding: 1

Terms

1031 Exchange: 1 Cash: 1 Conventional: 1 See Remarks: 1

Foundation

Slab: 1

Flooring

Carpet: 1 Concrete: 1 Vinyl: 1

Fuel Tank

Propane Above Ground: 1

Fuel Tank Ownership

Leased: 1

Parking Features

Additional Parking: 1 Concrete: 1 Parking Lot: 1 Private: 1

Sale/Lease Includes

Buildings: 1 Land: 1

Roof

Metal: 1

Lot Description

Level: 1

Road Type/Frontage

2 - 3 Lanes: 1 Easement: 1

Cooling

Central Air: 1

Location

Industrial Park: 1

Heating

Heat Pump: 1

Heating System Fuel Source

Propane: 1

Water Heater

Electric: 1

Utilities

Electricity Connected: 1 Water Available: 1

Water Source

Municipal Water: 1

Sewer

Septic Tank: 1

Financial Info

Real Estate Taxes: 4617.14

BuildingExt Features

SqFt - Heated (Primary): 19950

Property Features

Business Type: Industrial; Manufacturing; Storage; Transportation; Warehouse; Building Supply; Commercial; Wholesale HOA and Neigh Amenities: Heating/Cooling Construction: Steel Frame; Metal Fab Exterior Finish: Aluminum Siding Flooring: Carpet; Concrete; Vinyl Foundation: Slab Fuel Tank: Propane Above Ground Fuel Tank Ownership: Leased Parking Features: Additional Parking; Concrete; Parking Lot; Private Roof: Metal Lot Description: Level Current Use: Commercial Location: Industrial Park Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: Propane Water Heater: Electric Utilities: Electricity Connected; Water Available Sewer: Septic Tank Water Source: Municipal Water Terms: 1031 Exchange; Cash; Conventional; See Remarks
Listing Office: Rich Company
IDX
Last Updated: July - 01 - 2025
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