Office/Warehouse with Outdoor Laydown
2801 Crusher Run Wake Forest, NC 27587
2801 Crusher Run, Wake Forest, NC, 27587
$3,466,867
For Sale
$3,466,867
COMMERCIAL - Wake Forest, NC
Property Size10,984 SF
Lot Size2.63 Acres
Price / SF$315.63
Days on Market47
Property Features for 2801 Crusher Run
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 1739734810
- Lot size
- 2.63 Acres
Taxes and HOA fees
- Tax Description
- LO36 SOUTH FOREST BUSINESS PARK BM2003-0
Building Details
- Year built
- 2007
Listing Agency
Century 21 Providence Realty
(704) 847-2144
8129 Ardrey Kell Road Ste 101, Monroe, NC
Listed by
Pat Flanagan
(704) 916-9552
Added: Jun 2 Checked: Jul 18 at 2:06 pm
MLS# 4388992
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This +/-10,984 SF office & warehouse facility is designed for flexible industrial use, pairing functional office buildout with dedicated warehouse space. The property also includes a large laydown yard and outdoor storage area, giving operators room for equipment, materials, and day-to-day staging. The overall configuration supports businesses that need both a work-ready interior and practical exterior space to keep operations moving.
Located in the Wake Forest area with excellent access to the Wake Forest and Raleigh markets, the site is positioned for customers and staff traveling throughout the region. With a total lot size of 2.63 acres, the building and yard combination offers a rare setup for tenants seeking an operations-focused property rather than a warehouse-only option.
This is a strong fit for contractors, service companies, distribution operations, and fleet-oriented users that benefit from outdoor storage and yard-based workflow. Buyers and tenants looking for a functional live-work style industrial platform should find the balance of office space, warehouse area, and laydown capacity particularly useful for day-to-day execution.
Located in the Wake Forest area with excellent access to the Wake Forest and Raleigh markets, the site is positioned for customers and staff traveling throughout the region. With a total lot size of 2.63 acres, the building and yard combination offers a rare setup for tenants seeking an operations-focused property rather than a warehouse-only option.
This is a strong fit for contractors, service companies, distribution operations, and fleet-oriented users that benefit from outdoor storage and yard-based workflow. Buyers and tenants looking for a functional live-work style industrial platform should find the balance of office space, warehouse area, and laydown capacity particularly useful for day-to-day execution.
Key Highlights
- +/- 10,984 SF office and warehouse facility
- Built in 2007
- Large laydown yard/outdoor storage area for equipment and materials
Local Financial Insights For Flex RnD
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 | $191.1k | $17.40 |
| − Vacancy | −$10.5k | −$0.96 |
| EGI | $180.6k | $16.44 |
| − OpEx | −$63.2k | −$5.76 |
| NOI | $117.4k | $10.69 |
10,984 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.68M
$1.47M – $1.96M
NOI $117,396 @ 7.0% cap · market cap 3.39%
Second Best
Warehouse
$1.22M
$1.07M – $1.42M
NOI $85,366 @ 7.0% cap · market cap 2.46%
Theoretical Best
Specialty Retail
$3.14M
$2.74M – $3.66M
NOI $219,534 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Elite First Aid, ...
Medical Supply Store
Elite First Aid ...
Production Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex office and warehouse with a large outdoor laydown area for service, distribution, and fleet operations.
Where is this flex space located?
The property is located at 2801 Crusher Run Wake Forest, NC.
What is the asking price?
The asking price for this property is $3,466,867.
What are key features of this property?
This property features: +/- 10,984 SF office and warehouse facility; Built in 2007; Large laydown yard/outdoor storage area for equipment and materials
