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    1701 Center St Apex, NC 27502

    Sponsored
    For Sale
    $3,300,000

    Class A Office, 10,912 SF, High Visibility

    Property size:
    10,912 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office building, situated on 1.35 acres in Apex, North Carolina, presents a unique investment opportunity. Boasting 10,912 square feet across two stories, this 2004-constructed building is zoned B1 and offers excellent visibility from the heavily traveled Center Street. The property is currently occupied by the seller, who will vacate upon closing, providing immediate occupancy for the new owner. The building's versatile design caters to both medical and traditional office uses, making it suitable for a wide range of businesses. Its prime location in Wake County, with easy access to major thoroughfares, ensures high traffic and strong potential for tenant attraction. The asking price for this turnkey property is $3,300,000. This represents a compelling opportunity to acquire a well-maintained, high-quality office building in a thriving North Carolina market. The single building structure is ready for immediate use or potential redevelopment, offering flexibility for future growth and expansion. The ample lot size provides additional parking and potential for future development. This is a rare chance to own a highly desirable commercial property in a rapidly growing area.

    Property Features for 1701 Center St

    General Information

    Property type
    Medical offices
    Square Feet
    10,912 SF
    Class
    A
    Lot Size
    58,806 SF

    Building Details

    Year Built
    2004
    Buildings
    1
    Stories
    2

    HighLights

    • Class A office building, 10,912 square feet, on 1.35 acres in Apex, NC.
    • 2004 construction, B1 zoning, excellent Center Street visibility.
    • Currently occupied by seller, vacant at closing.
    • Suitable for medical or traditional office uses.
    • Asking price: $3,300,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Studio U - Apex Gym Compleat Kidz Occupational Therapist Radysans, Inc Medical Billing Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Apex
    County
    Wake
    State
    North Carolina
    Longitude
    -78.827754782781
    Latitude
    35.725911742573

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    FAQs

    What type of property is this?
    Medical office - Class A Office, 10,912 SF, High Visibility
    Where is this medical office located?
    The property is located at 1701 Center St Apex, NC.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: Class A office building, 10,912 square feet, on 1.35 acres in Apex, NC.; 2004 construction, B1 zoning, excellent Center Street visibility.; Currently occupied by seller, vacant at closing.
    Request Owner's contact information
    1701 Center St Apex, NC 27502
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    Apex, NC 27502
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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
    1701 Center St Apex, NC 27502
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