Tilt-Up Industrial Facility with
101 Green Trace Court Garner, NC 27529
101 Green Trace Court, Garner, NC, 27529
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For Sale
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Standalone tilt-up building includes 4,500 SF of finished office, warehouse/production space, and a 10-ton crane.
Property Size16,750 SF
Lot Size3.33 Acres
Price / SF$268.66
Days on Market114
Property Features for 101 Green Trace Court
General Information
- Standard status
- Active
- Size
- 16,750 SF
- Lot size
- 3.33 Acres
- Property subtype
- Industrial
Listing agency
SVN Raleigh
(919) 896-6497
Listed by
John Powell · License #NC 128924
Source
Crexi
Added: Mar 31 Updated: Jul 21 at 7:52PM Checked: Jul 21 at 7:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Raleigh
Investment Insights
Based on property information with market context.
Standalone tilt-up industrial facility totaling approximately 16,750 SF on 3.33 acres in a business park setting. The building includes about 4,500 SF of finished office space, with the remainder dedicated to warehouse and production areas. Three-phase electrical infrastructure supports heavier industrial use, and a 10-ton crane remains with the property.
Loading is supported by three 12' x 14' drive-in doors and one dock-high door with leveler. The property also includes a secure laydown yard and ample outdoor storage space for equipment staging and material handling.
For additional operational flexibility, the site is positioned for potential on-site expansion as part of long-term use. Access is noted to be convenient to I-40 and Hwy 70, and the business park includes established logistics and industrial neighbors such as Butterball and Amazon.
Loading is supported by three 12' x 14' drive-in doors and one dock-high door with leveler. The property also includes a secure laydown yard and ample outdoor storage space for equipment staging and material handling.
For additional operational flexibility, the site is positioned for potential on-site expansion as part of long-term use. Access is noted to be convenient to I-40 and Hwy 70, and the business park includes established logistics and industrial neighbors such as Butterball and Amazon.
Key Highlights
- ±16,750 SF stand‑alone tilt‑up industrial facility on ±3.33 acres in Greenfield North Business Park
- Includes ±4,500 SF finished office space, with the balance warehouse/production area
- Powered by three‑phase electrical infrastructure and features a 10‑ton crane that remains with the property
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $291.5k | $17.40 |
| − Vacancy | −$16.0k | −$0.96 |
| EGI | $275.4k | $16.44 |
| − OpEx | −$96.4k | −$5.76 |
| NOI | $179.0k | $10.69 |
16,750 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.56M
$2.24M – $2.98M
NOI $179,023 @ 7.0% cap · market cap 3.98%
Second Best
Warehouse
$1.86M
$1.63M – $2.17M
NOI $130,178 @ 7.0% cap · market cap 2.89%
Theoretical Best
Specialty Retail
$4.78M
$4.18M – $5.58M
NOI $334,778 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Standalone tilt-up building includes 4,500 SF of finished office, warehouse/production space, and a 10-ton crane.
Where is this flex space located?
The property is located at 101 Green Trace Court Garner, NC.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: ±16,750 SF stand‑alone tilt‑up industrial facility on ±3.33 acres in Greenfield North Business Park; Includes ±4,500 SF finished office space, with the balance warehouse/production area; Powered by three‑phase electrical infrastructure and features a 10‑ton crane that remains with the property
