130 Salem Towne Ct, Apex, NC 27502
Two-story office condo with loft flexibility, positioned for professional services use near downtown shopping and dining.
- Added:
- Mar 7, 2026
- Days on Market:
- 99
- Last Refresh:
- Jun 11 at 2:52 am
Property Features for 130 Salem Towne Ct
General Information
- Standard status
- Active
- Size
- 1,292 SF
Listing agent Scott Korbin License #NC,152541 (919) 606-4500
Listing office Compass -- Cary (919) 606-4500
Listing date Mar 7, 2026
Source Exprealty
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All listing content including descriptions, pricing, images are the copyrighted material of Compass -- Cary
HighLights
- Townhome‑style two‑story office condo with a bonus loft for flexible professional services use
- Approx. 1,292 SF includes loft space
- Located in The Courtyards at Salem Oaks, just blocks from Historic Downtown Apex shopping, dining, and Salem Street district (approx. 0.5 mile)
- Convenient access to major routes including Hwy 64 & 55
- Ample parking with 75 surface spaces and ADA parking available
Overview
The Courtyards at Salem Oaks is described as being just blocks from Historic Downtown Apex shopping, dining, and the Salem Street district, approximately 0.5 mile away. Access to major routes is provided via nearby Hwy 64 & 55, with convenient ingress and egress throughout the office condo park. Parking is available on-site, and the property notes ample ADA and regular parking.
The layout and loft make this office condo practical for firms such as legal, accounting, insurance, consulting, design, and wellness/therapy practices that may benefit from separate levels or flexible work areas. Ample on-site surface parking, including 75 surface spaces for the overall development, can support tenant and client visits for day-to-day operations.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Apex
- County
- Wake
- State
- North Carolina
- Longitude
- -78.8492283
- Latitude
- 35.7377831
