Flex/Warehouse with Beltline
For Sale
Contact for pricing
2705 Noblin Rd, Raleigh, NC 27604
A 13,000 SF flex/warehouse opportunity with beltline visibility for brands seeking practical distribution and showroom exposure.
Property Size13,000 SF
Price / SF$0.00
Days on Market141
Property Features for 2705 Noblin Rd
General Information
Standard status
Active
Size
13,000 SF
Property subtype
Industrial
Lease Term
$16 SF/yr (NNN)
Properties For Sale
at 2705 Noblin Rd
2701 Noblin Road
Size
13,000 SF
Type
Warehouse/Distribution
Term
Negotiable
Listed By:
Ed Brown, SIOR, CCIM
(919) 345-5939
Source:
Triprop
Added: Jun 1
Changed: Oct 7
Last Checked: Oct 19 at 4:37AM
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 Ed Brown, SIOR, CCIM
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a combined flex/warehouse facility totaling 13,000 SF, presented as a versatile option for users needing both functional warehouse space and space to support day-to-day operations. The listing highlights beltline visibility, positioning the site for tenants or operators who value a prominent presence alongside their logistics needs.
Located at 2705 Noblin Rd in Raleigh, North Carolina, the property is described as having beltline visibility. That visibility can be important for service-oriented businesses and distribution users that want their operation to be noticeable to passing traffic.
As a flex/warehouse, the building can fit a range of light industrial and distribution use cases where tenants benefit from adaptable space. If you are evaluating sites for operations that require straightforward warehouse functionality while also supporting a more flexible workspace component, this offering is worth reviewing. The property is presented in the market for both sale and leasing, giving qualified buyers and tenants options depending on how they plan to proceed.
Located at 2705 Noblin Rd in Raleigh, North Carolina, the property is described as having beltline visibility. That visibility can be important for service-oriented businesses and distribution users that want their operation to be noticeable to passing traffic.
As a flex/warehouse, the building can fit a range of light industrial and distribution use cases where tenants benefit from adaptable space. If you are evaluating sites for operations that require straightforward warehouse functionality while also supporting a more flexible workspace component, this offering is worth reviewing. The property is presented in the market for both sale and leasing, giving qualified buyers and tenants options depending on how they plan to proceed.
Key Highlights
- 13,000 SF flex/warehouse available for lease
- Beltline visibility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,649
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,772,980
$1.8M
Cap Rate 7%
$1,266,414
$1.3M
Cap Rate 9%
$984,989
$985.0K
Market Conditions
NOI Build-Up for 13,000 SF
Gross rent
$127.9K $9.84/SF
− Vacancy
−$1.3K −$0.10/SF
EGI
$126.6K $9.74/SF
− OpEx
−$38.0K −$2.92/SF
NOI
$88.6K $6.82/SF
Area
Raleigh, NC
Vacancy
1.00%
Lease Rate
$9.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,772,980
Cap Rate 7%
$1,266,414
Cap Rate 9%
$984,989
Alternative Uses
Best Use
Warehouse
$1.44M
$1.26M – $1.68M
NOI $101,034 @ 7.0% cap · market cap 631,462.50%
Second Best
Flex RnD
$1.27M
$1.11M – $1.48M
NOI $88,711 @ 7.0% cap · market cap 554,443.75%
Theoretical Best
Specialty Retail
$3.57M
$3.13M – $4.17M
NOI $250,088 @ 7.0% cap · market cap 1,563,050.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 27604, NC
46,076
Population
20,828
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
89%
High-School Grad
19.1 sq mi
ZIP Area
2,412
Density / Sq Mi
$72,793
Median Household Income
$44,471
Median Earnings
$1,386
Median Rent
$293,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A 13,000 SF flex/warehouse opportunity with beltline visibility for brands seeking practical distribution and showroom exposure.
Where is this flex space located?
The property is located at 2705 Noblin Rd Raleigh, NC.
What are key features of this property?
This property features: 13,000 SF flex/warehouse available for lease; Beltline visibility
