Renovated Flex Space Investment
For Sale
Contact for pricing
1030 Juniper Lake Rd, West End, NC
11,600 SF flex space property with immediate returns.
Property Size11,600 SF
Lot Size1.19 Acres
Price / SF$129.31
Days on Market683
Property Features for 1030 Juniper Lake Rd
General Information
Standard status
Active
Size
11,600 SF
Lot size
1.19 Acres
Property subtype
FLEX_R_AND_D
Listing Agency:
Synergy Commercial Properties
(910) 916-5771
Listed By:
Janice Dixon · License #NORTHCAROLINA#108248
(910) 916-5771
Source:
Moodyscre
Added: Sep 18, 2024
Changed: Jul 10
Last Checked: Jul 21 at 6:49AM
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 Synergy Commercial Properties
Investment Insights
Based on property information with market context.
This 11,600 square foot industrial/flex space property, constructed in 1946 and renovated in 2005, features 9 units. The property is located in Moore County and has commercial zoning that allows for diverse usage options. The property is currently 100% occupied, providing immediate returns. This property represents an opportunity to capitalize on the industrial/flex space market.
Key Highlights
- 100% Occupancy: Provides immediate returns for investors
- Prime Moore County Location: Highly desirable and strategic
- 11,600 SF Industrial/Flex Space: Offers substantial space with 9 units
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 | $197.7k | $17.04 |
| − Vacancy | −$15.4k | −$1.33 |
| EGI | $182.2k | $15.71 |
| − OpEx | −$63.8k | −$5.50 |
| NOI | $118.5k | $10.21 |
11,600 SF · lease $17.04/SF/yr · vacancy 7.80% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.69M
$1.48M – $1.97M
NOI $118,460 @ 7.0% cap · market cap 7.90%
Second Best
Industrial
$996.0K
$871.5K – $1.16M
NOI $69,718 @ 7.0% cap · market cap 4.65%
Theoretical Best
Specialty Retail
$2.21M
$1.93M – $2.58M
NOI $154,725 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - 11,600 SF flex space property with immediate returns.
Where is this flex space located?
The property is located at 1030 Juniper Lake Rd West End, NC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 100% Occupancy: Provides immediate returns for investors; Prime Moore County Location: Highly desirable and strategic; 11,600 SF Industrial/Flex Space: Offers substantial space with 9 units
