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    1904 New Hope Church Rd Raleigh, NC 27609

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    For Sale
    Contact for pricing

    50,001 SF Flex Space - NNN Lease

    Property size:
    50,501 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 50,501 square foot flex space in Raleigh, NC, offers a prime location with easy access to I-440, I-540, and Capital Boulevard. The single-story, 1974-built building sits on a 3.43-acre lot and features 8 loading docks and 8 dock-high doors, complemented by a 20-foot ceiling height. The property boasts approximately 11,000 square feet of showroom space and approximately 39,501 square feet of warehouse space, ideal for a variety of industrial and flex uses. Its convenient location in Northeast Raleigh, just one mile from the 440 beltline, places it within the thriving Triangle region, benefiting from strong industrial growth, a robust job market, and the expanding Research Triangle Park. The property is zoned IX-3 and offers ample parking and building access with road frontage on New Hope Church Road and St. Albans Drive. This property is available for sale or lease on a NNN basis. The property's APN is 1715.07-68-2976-000.

    Property Features for 1904 New Hope Church Rd

    General Information

    Property type
    Flex space
    Square Feet
    50,501 SF
    Lot Size
    149,411 SF

    Building Details

    Year Built
    1974
    Buildings
    1
    Stories
    1

    HighLights

    • Excellent I‑440 and US‑1 access.
    • Abundant parking with convenient building access.
    • High visibility with frontage on New Hope Church Rd and St Albans Dr.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6078433
    Latitude
    35.8347021

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    FAQs

    What type of property is this?
    Flex space - 50,001 SF Flex Space - NNN Lease
    Where is this flex space located?
    The property is located at 1904 New Hope Church Rd Raleigh, NC.
    What are key features of this property?
    This property features: Excellent I-440 and US-1 access.; Abundant parking with convenient building access.; High visibility with frontage on New Hope Church Rd and St Albans Dr.
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    Realmo Value Estimation

    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.

    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.

    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
    1904 New Hope Church Rd Raleigh, NC 27609
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