Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2004 Van Buren Ave Indian Trail, NC 28079

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Warehouse/flex space available for lease in Union County, NC.

    Type:Industrial
    Property size:
    24,125 SF
    Added:
    Nov 26, 2025
    Days on Market:
    126
    Last Refresh:
    Mar 30 at 12:58 am

    Property Features for 2004 Van Buren Ave

    General Information

    Standard status
    Active
    Size
    24,125 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2006

    Spaces For Lease

    at 2004 Van Buren Ave Contact us

    We can help!

    Listing Contact
    Thomas Passenant

    Listing agent Thomas Passenant License #NC #293638

    Listing office

    Listing date Nov 26, 2025

    Source Trinity-partners

    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 Thomas Passenant

    Overview

    Warehouse/Flex Space in Indian Trail

    This property offers an exclusive opportunity to lease warehouse or flex space within the Old Hickory Business Park, situated in Indian Trail, North Carolina. The property provides 24125 square feet of space, suitable for warehouse, industrial, or flex space purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • National Data Imaging Services,Inc — 4391 Indian Trail Fairview Rd #300, Indian Trail, NC 28079
    • SiteOne Agricultural Seed Store — 140 Cupped Oak Dr, Matthews, NC 28104, United States
    • American Store & Lock — 3815 Matthews-Indian Trail Rd, Matthews, NC 28104
    • Public Storage — 5217 Indian Trail Fairview Rd, Indian Trail, NC 28079

    Location Insight

    • Map
    • Local Demand
    City
    Indian Trail
    County
    Union
    State
    North Carolina
    Longitude
    -80.6559
    Latitude
    35.0923

    Nearby Similar for Lease

    • Contact for pricing

      Indian Trail Industrial/Flex Building

      16,000 SF industrial/flex building for lease in Indian Trail.
      1235 Technology Dr, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Retail Space Near Harris Teeter

      1,502 SF retail space available in Indian Trail, NC.
      Indian Trail, NC 28079
      View Details
    • $12/mo

      Warehouse with Carport and Paint Booth

      22,000 SF warehouse with carport and 9 drive-in doors.
      1508 Hwy 218 W, Indian Trail, NC
      View Details
    • Contact for pricing

      Fully Occupied Office Building

      Masonry construction office building with excellent visibility and high traffic.
      204 Gribble Rd, Indian Trail, NC
      View Details
    • Contact for pricing

      Turn-Key Automotive Facility For Rent

      High-traffic location with existing dealership license and service capacity.
      13607 E Independence Blvd, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Retail Space on Independence Blvd

      Retail spaces available in high-growth Indian Trail market.
      13719 E Independence Blvd, Indian Trail, NC
      View Details
    • Contact for pricing

      Retail Space in Indian Trail

      Retail space available for rent in Indian Trail, NC.
      13705 E Independence Blvd, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Office Space for Lease

      Office suites available with customization options and ample parking.
      6040-6068 W Hwy 74, Indian Trail, NC
      View Details
    • $26/mo

      Retail Space in Indian Trail

      Neighborhood shopping center anchored by Harris Teeter and Wells Fargo.
      6580-6640 Old Monroe Rd, Indian Trail, NC
      View Details
    • Contact for pricing

      Retail Space in Sun Valley

      Neighborhood shopping center anchored by Harris Teeter and Wells Fargo.
      Old Monroe Rd and Wesley Stout Chapel Rd, Indian Trail, NC 28079
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse/flex space available for lease in Union County, NC.
    Where is this warehouse located?
    The property is located at 2004 Van Buren Ave Indian Trail, NC.
    What are key features of this property?
    This property features: Highly desirable warehouse/flex space.; Located in one of Union County’s premier industrial parks.; Located in Old Hickory Business Park.
    (704) 345-2185
    We can help!
    Listing Contact
    Thomas Passenant
    Real Estate License ID: NC #293638
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!