$2,000,000
About this home
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.
Property details
- MLS
- Hive MLS
- MLS #
- 100611697
- Property type
- Business
- Subdivision
- Not In Subdivision
- Status
- Active
- Days on market
- 1
- On market date
- October 21, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 161 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 368
- Student:teacher ratio
- 14.2:1
- District
- Craven County Schools
- Enrollment
- 699
- Student:teacher ratio
- 15.9:1
- District
- Craven County Schools
- Enrollment
- 229
- Student:teacher ratio
- 28.6:1
- District
- Craven County Schools
Walkability
Blended score for Cove City's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 9 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.