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$2,900,000 Just Listed
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Property Description
Major Industrial / Manufacturing Opportunity | 164,823 SF | Qualified Opportunity Zone Rare opportunity to acquire a substantial 164,823-square-foot industrial/office facility at 1603 Leonard Street, Ramseur, North Carolina. Designed for large-scale operations, the property offers an expansive industrial footprint combined with office space and is fully sprinklered throughout, creating flexibility for a variety of manufacturing, warehousing, distribution, logistics, storage, and redevelopment applications. The size and configuration make this property an excellent candidate for manufacturers, regional distributors, fulfillment operations, last-mile logistics users, large-scale storage operators, owner-users, developers, and investment groups seeking significant square footage in central North Carolina. Located within a federally designated Qualified Opportunity Zone, the property may provide additional investment appeal for qualifying buyers pursuing substantial capital improvements, business expansion, repositioning, or redevelopment strategies. Opportunity Zone tax benefits are dependent upon the buyer's investment structure and applicable federal requirements. With nearly 165,000 square feet under one roof, existing industrial infrastructure, integrated office space, and access to the broader Piedmont Triad and central North Carolina markets, this property offers the scale necessary for businesses looking to consolidate operations, expand production capacity, establish a regional distribution facility, or reposition a large industrial asset. PROPERTY HIGHLIGHTS: 164,823 SF industrial/office facility "¢ Fully sprinklered throughout "¢ Qualified Opportunity Zone location "¢ Manufacturing and production potential "¢ Warehouse and distribution capability "¢ Logistics and fulfillment potential "¢ Integrated office component "¢ Adaptive-reuse and redevelopment possibilities "¢ Suitable for owner-users, investors, developers, and large corporate operations. A unique opportunity to acquire a large-footprint industrial asset with multiple potential end-user and investment strategies. Buyer and buyer's representatives to verify square footage, zoning, permitted uses, utilities, property condition, and all information material to buyer's intended use. Buyers seeking Opportunity Zone benefits should consult their legal and tax advisors regarding eligibility and investment requirements.
Full Property Details
Full Property Details for 1603 Leonard St
General
- Price: $2,900,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4427954
- Updated: Today (9/24/2026)
- Added to Site: Today
Location
- County: Randolph
- Driving Directions: US 52 South, left onto State Highway 49 North/NC 49, merge onto NC 8 North, Ramp to US 64 East. Use the right two lanes to take the US 64 East exit toward Siler City, right onto Leonard Street.
Structural Information
- Construction: Site Built
- Basement: Yes
- Basement Desc.: Storage Space, Walk-Out Access
- Minimum Avail: 164,822 Sq. Ft.
- Year Built: 1965
Lot Features
- Street/Road Desc.: Gravel, Paved
- Rcmdd Zoning: I
Disclosures and Reports
- Restrictions: Other - See Remarks
- Inclusions: Building, Land
- Property ID: 8702-52-0939
- Lot Number: 1508-870
Listed by RE/MAX Executive
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Schools
Schools serving 1603 Leonard St
School District:Randolph County Schools
| Name | Grades | Distance |
|---|---|---|
Ramseur Elementary 6755 Jordan Road, Ramseur, NC 27316 | PK-5 | 0.3 mi |
Southeastern Randolph Mid 5302 Foushee Road, Ramseur, NC 27316 | 6-8 | 1.3 mi |
Eastern Randolph High School 390 Eastern Randolph Road, Ramseur, NC 27316 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1603 Leonard St
Date
Details
Price
Change
Source
9/24/2026
Listed
$2,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1603 Leonard St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,293
—
$1,089,600
—
2024
$13,293
4%
$1,089,600
—
2023
$12,748
7%
$1,089,600
19%
2022
$11,940
—
$916,580
—
2021
$11,940
—
$916,580
—
2020
$11,940
—
$916,580
—
2019
$11,940
-18%
$916,580
-16%
2018
$14,478
—
$1,094,720
—
2017
$14,478
—
$1,094,720
—
2016
$14,478
—
$1,094,715
—
2015
$14,505
2%
$1,094,715
—
2014
$14,286
-11%
$1,094,715
-17%
2013
$16,080
—
$1,318,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1603 Leonard St
1603 Leonard Street, Ramseur, NC 27316 (MLS# 4427954) is a Commercial property. 1603 Leonard Street is currently listed for $2,900,000 and was received on September 24, 2026. Want to learn more about 1603 Leonard Street? Do you have questions about finding other Commercial real estate for sale in Ramseur? You can browse all Ramseur real estate or contact a Coldwell Banker agent to request more information.

