$2,000,000
12045 Old Us Highway 70 W
Cove City, NC 28523
MLS# 100611697
1750 sqft


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Property Description
Discover an exceptional commercial and recreational opportunity at 12045 Old US Highway 70 in Cove City, North Carolina. Formerly home to Baillie Lumber Company and World Wood, this expansive 161 acre property offers an established industrial style facility, substantial covered storage, enclosed metal buildings, and extensive wooded acreage with outstanding potential for a variety of commercial and recreational uses. Approximately 30 acres encompass the existing facility, featuring multiple storage buildings, overhang shelters, and two substantial enclosed metal buildings measuring approximately 100' x 120' and 175' x 150'. These expansive structures offer significant potential for commercial storage, equipment and materials storage, warehouse operations, or the development of indoor recreational facilities, subject to applicable approvals and building requirements. Imagine the possibilities for indoor volleyball, soccer, training facilities, or other large-scale recreational concepts requiring substantial covered space. Beyond the developed facility, approximately 131 acres of wooded land provide additional space, privacy, and opportunities for future planning and investment, subject to zoning, permitting, access, and site suitability. The combination of existing infrastructure and extensive acreage creates a unique opportunity for investors, developers, commercial operators, or entrepreneurs seeking a property with room to grow. Zoned commercial, this substantial tract offers a rare combination of existing buildings, covered work and storage areas, and significant undeveloped land in one expansive property. Whether envisioning a commercial storage operation, an indoor sports and recreation destination, or another permitted commercial venture, this property offers a versatile foundation for exploring your next investment. Important property conditions: Forklifts and wood products remaining on site do not convey with the sale. The property is subject to a restriction prohibiting its use as a hardwood lumber sawmill; the processing of hardwood logs into lumber; the processing of hardwood lumber for sale; the drying of hardwood lumber; or the storage of hardwood lumber or hardwood logs. A rare opportunity to acquire substantial acreage with existing commercial infrastructure and room to envision what comes next. Explore the possibilities at this distinctive Cove City property and bring your next commercial or recreational venture to life.

Details
Maps
Location Information
Street #: 12045
Street Name: Old Us Highway 70
Post Direction: W
County: Craven
State/Province: NC
Zip Code: 28523
City Limits: No
Marketing City: Cove City
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 35.195094
Geo Lon: -77.368192
Contract Info
Available Date: 2026-10-21
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2026-10-21
Sub-Type: Business
Garage: Masterlock
Listing Price: 2000000
Current Price: $2,000,000
List Price/SqFt: 1142.86
Stipulation of Sale: Standard
Remarks and Showing
Directions to Property: From Main Street in Cove City, take Old US Hwy 70 West approximately 2.7 miles
Sign on Property: Yes
Building Info
New Construction: No
Legal and Taxes
Tax Assessed Value: 2455040
Deed Book: 1369
Deed Page: 1000
Legal: BRYANT LAND
Broker Owner: No
PID: 3-044 -040
Tax Identifier: 3-044 -040
Special Assessments: None
Tax Year: 2025
Year Built: 1940
Zoning: COMMERCIAL
HOA: No
Cobra Zone: No
BuildingExt Features
SqFt - Heated (Primary): 1750
Property Features
Business Type: Industrial; Storage; Warehouse; Commercial
Showing Instructions: Gate/Access Code; Showing Service
Basement: None
Construction: Concrete; Steel Frame; Wood Frame; Metal Fab
Exterior Finish: Vinyl Siding
Structure Type: Industrial
Parking Features: Paved
Roof: Metal; Shingle
Other Structures: Garage(s); Shed(s); Storage
Current Use: Commercial; Industrial; Timber; Vacant
Possible Use: Commercial; Industrial; Investment; Recreational; Warehouse
Location: Freestanding
Lot Water Features: None
Land Details: Included
Cooling: Heat Pump
Heating: Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Electricity Connected; Water Connected
Sewer: Septic Tank
Water Source: Municipal Water
Terms: Cash; Conventional

IDX
Listing Office: Realty ONE Group East

Last Updated: October - 21 - 2026

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