Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail/Office Building on Highway 401 Title is generated by Realmo AI

    2136 N Main, Fuquay Varina, NC 27526

    View on Map
    Claim this Listing
    For Sale
    $1,467,355

    1,925 SF building on almost 1 acre near Highway 401.

    Type:Commercial
    Property size:
    1,925 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $762/SF
    Added:
    Apr 15, 2026
    Days on Market:
    55
    Last Refresh:
    Apr 15 at 8:17 pm

    Property Features for 2136 N Main

    General Information

    Standard status
    Active
    Size
    1,925 SF
    Lot size
    1.00 Acre
    Property subtype
    Commercial

    Building Details

    Year Built
    2006

    We can help!

    Listing Contact
    MARGUERITE GREENE
    MARGUERITE GREENE

    Listing agent MARGUERITE GREENE License #283390

    Listing office CENTURY 21 TRIANGLE GROUP

    Listing date Apr 15, 2026

    Source Corcoran

    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 CENTURY 21 TRIANGLE GROUP

    HighLights

    • High Visibility Location: Situated directly on HWY 401 in Wake County.
    • Versatile Zoning: Zoned for General Commercial (GC) and Highway Corridor Overlay (HCO) districts.
    • Wide Range of Permitted Uses: Suitable for retail, office, institutional, regional retail shopping, employment centers, and service uses.
    • Large Lot Size: Almost 1 acre of land.
    • Suburban Commercial Designation: Ideal for multi‑tenant strip centers, big box stores, retail, dining, entertainment, and hotels.
    • Existing Building: Includes an approximately 1,925 SQ FT building.

    Overview

    This property features an approximately 1,925 square foot building situated on almost one acre. It is located directly on Highway 401 in Wake County, offering high visibility. The zoning includes both General Commercial (GC) and Highway Corridor Overlay (HCO) districts. The GC District is intended for a mix of nonresidential development of convenience services, retail, office, institutional, regional retail shopping, employment centers, and service uses. The HCO Zoning District aims to encourage and enhance vibrant commercial corridors immediately adjacent to significant highways while protecting the transportation capacity of these roadways through controlled access points. The parcel is designated as Suburban Commercial, with common uses including multi-tenant strip centers, big box stores, retail, dining, entertainment, and hotel leisure uses. It is suitable for retail, office, institutional, regional retail shopping, employment centers, and service uses.
    Location Intelligence

    Current Use by Public Records

    B & J Heating ... HVAC Service

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fuquay Varina
    County
    Wake
    State
    North Carolina
    Longitude
    -78.748733
    Latitude
    35.6053476

    Nearby Similar for Sale

    • $3,750,000
      11,879 SF

      Fully Equipped Restaurant/Bar Opportunity

      Turnkey restaurant/bar with medical conversion potential in growing Fuquay-Varina.
      1420 E Broad Street, Fuquay Varina, NC 27526
      View Details
    • $999,900
      3,333 SF

      Versatile Downtown Property For Sale

      Highly visible property with showroom and flexible space in growing community.
      202 N Main Street, Fuquay Varina, NC 27526
      View Details
    • $4,500,000
      11,879 SF

      Turnkey Sports Bar & Entertainment Hub

      Fully equipped venue in a booming market, ready for service.
      1420 E Broad, Fuquay Varina, NC 27526
      View Details
    • $699,000

      Fuquay Varina Mobile Home Park

      Income-producing mobile home park on 1.95 acres near Wake Tech.
      9645 Eden Trail, Fuquay Varina, NC 27526
      View Details
    • $585,000
      1,632 SF

      Established Childcare Center For Sale

      Childcare center in Fuquay-Varina with strong visibility and accessibility.
      523 N Main, Fuquay Varina, NC 27526
      View Details
    • $225,000

      Income-Producing Rentals on 1.52 Acres

      Two income-producing rentals on 1.52 acres near Wake Tech.
      9704 Eden Trail, Fuquay Varina, NC 27526
      View Details
    • $699,000

      Mobile Home Park Investment Opportunity

      Income-producing mobile home park on 1.95 acres near Wake Tech.
      9645 Eden, Fuquay Varina, NC 27526
      View Details
    • $900,000

      Downtown Fuquay Varina Office Space

      Office and institutional space in growing downtown Fuquay Varina.
      1014 S Main, Fuquay Varina, NC 27526
      View Details

    FAQs

    What type of property is this?
    Retail space - 1,925 SF building on almost 1 acre near Highway 401.
    Where is this retail space located?
    The property is located at 2136 N Main Fuquay Varina, NC.
    What is the asking price?
    The asking price for this property is $1,467,355.
    What are key features of this property?
    This property features: High Visibility Location: Situated directly on HWY 401 in Wake County.; Versatile Zoning: Zoned for General Commercial (GC) and Highway Corridor Overlay (HCO) districts.; Wide Range of Permitted Uses: Suitable for retail, office, institutional, regional retail shopping, employment centers, and service uses.
    (919) 552-4517
    We can help!
    Listing Contact
    MARGUERITE GREENE
    MARGUERITE GREENE
    Real Estate License ID: 283390
    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

    Thank You for Inquiry
    2136 N Main, Fuquay Varina, NC 27526
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!