Property summary
This exceptional 7,527 square foot office building presents a remarkable investment opportunity in the rapidly growing town of Knightdale, North Carolina. Situated on a 1.42-acre lot with prominent road frontage on a main thoroughfare, this multi-unit property offers unparalleled accessibility and visibility. The building boasts ample private parking, a mix of asphalt and gravel surfaces, catering to the needs of tenants and visitors. The interior layout is versatile, featuring individual office spaces, dedicated conference rooms, and expansive open work areas, providing flexibility for a variety of business needs. Significant improvements have been implemented over the past four years, ensuring the property is well-maintained and ready for immediate occupancy. Currently, the building houses tenants on short-term leases, presenting an ideal scenario for an investor seeking to maximize rental income or a business owner looking to establish a presence in a prime location. Its proximity to Raleigh and easy access to major highways further enhance its appeal. This turnkey investment is poised for strong returns in a thriving market. The property's size, location, and current tenant occupancy make it an attractive proposition for both investors and owner-occupiers.
Property profile
VerifiedCap rate & NOI
Current use
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Employment Agency
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Home Health Care Service
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(Bike/Boat/Book/etc) Store Home Decor Store
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Coworking & Hybrid Office
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Alternative Medicine Practice Spa & Massage Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
10. Highway Business (HB) 11. Business Office (BO) 12. Manufacturing and Industrial (MI) 13. Mining and Quarrying (MQ) Click a Chapter Section to jump to that page. l 2.1. 2.2. 2.3. 2.4. 2.1. Town of Knightdale Chapter 2…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
HB · Knightdale, NC10. Highway Business (HB) 11. Business Office (BO) 12. Manufacturing and Industrial (MI) 13. Mining and Quarrying (MQ) Click a Chapter Section to jump to that page. l 2.1. 2.2. 2.3. 2.4. 2.1. Town of Knightdale Chapter 2…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
10. Highway Business (HB) 11. Business Office (BO) 12. Manufacturing and Industrial (MI) 13. Mining and Quarrying (MQ) Click a Chapter Section to jump to that page. l 2.1. 2.2. 2.3. 2.4. 2.1. Town of Knightdale Chapter 2…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HB in Knightdale, NC.
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Find the owner behind the property.
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- Alternative use
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