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    Two-Story Professional Office Condo Title is generated by Realmo AI

    130 Salem Towne Court, Apex, NC 27502

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    Claim this Listing
    Pending
    $315,250

    COMMERCIAL - Apex, NC

    Property size:
    1,292 SF
    Lot size:
    0.03 Acres
    Added:
    Mar 6, 2026
    Days on Market:
    103
    Last Refresh:
    Jun 17 at 6:06 am

    Property Features for 130 Salem Towne Court

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    O&I-C
    Parking
    75
    Standard status
    Pending
    APN
    074214437448000 0269416
    Size
    1,292 SF
    Lot size
    0.03 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 13 Courtyards @ Salem Oaks BM 1999 PG 2151
    Tax Annual Amount
    2004

    Utilities

    Cooling system
    Electric, Central Air, Heat Pump

    Building Details

    Year built
    2000
    Floors in Building
    2
    Building materials
    Brick

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    Listing Contact
    Scott Korbin
    Scott Korbin

    Listing agent Scott Korbin License #NC,152541

    Listing office Compass -- Cary 201 Fenton Gateway Dr. Ste 200, Raleigh, NC

    Listing date Mar 6, 2026

    MLS# 10151194

    Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Convenient location near

    Overview

    This for-sale professional office condo is offered in a townhome-style configuration within The Courtyards at Salem Oaks. The space is two stories and includes a bonus loft, creating additional flexibility for a range of professional service uses. Approximately 1,292 square feet includes the loft.

    The property is located in Apex, North Carolina, and is described as being just blocks from Historic Downtown Apex shopping, dining, and the Salem Street district, about 0.5 mile away. Access is noted as convenient to major routes including Hwy 64 and Hwy 55, with ingress and egress within a well-maintained office condo park. The offering also includes 75 surface parking spaces and is described as having ample ADA and regular parking.

    The layout supports professional services such as legal, accounting, insurance, consulting, design, and wellness or therapy practices. With its two-story plan and loft area, it can accommodate offices, client meeting space, and additional work areas, while the surface parking and ADA-accessible parking help support day-to-day visits from staff and clients.

    Local Financial Insights For Office B

    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 $31.8k $24.60
    − Vacancy −$5.3k −$4.13
    EGI $26.4k $20.47
    − OpEx −$6.6k −$5.12
    NOI $19.8k $15.35
    1,292 SF · lease $24.60/SF/yr · vacancy 16.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $283.3K
    $247.9K – $330.6K (±1% cap)
    NOI $19,833 @ 7.0% cap · market cap 6.29%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $368.9K
    $322.8K – $430.4K (±1% cap)
    NOI $25,823 @ 7.0% cap · market cap 8.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Carolina Speech Pathology ... Physician Aulet Parker Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Apex
    County
    Wake
    State
    North Carolina
    Longitude
    -78.84922
    Latitude
    35.737767

    FAQs

    What type of property is this?
    Office units - Townhome-style office condo with a loft, positioned within an office condo park near Historic Downtown Apex.
    Where is this office units located?
    The property is located at 130 Salem Towne Court Apex, NC.
    What is the asking price?
    The asking price for this property is $315,250.
    What are key features of this property?
    This property features: Convenient location near
    More about this property
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