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    400 Gannon Ave Zebulon, NC 27597

    For Lease
    $9 SF/Yr

    10,000 - 32,000 SF Warehouse Available

    Lot size:
    148,004 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional industrial property in Wake County, North Carolina, offers a rare opportunity to lease warehouse space in a prime location. The property consists of four buildings totaling 148,004 square feet, situated on 10.67 acres of land. Currently, 32,000 contiguous square feet are immediately available, with a minimum divisible space of 10,000 square feet. The buildings, constructed in 1954, are well-maintained and feature desirable amenities. Each unit includes two dock doors and a convenient drive-in access point, streamlining loading and unloading operations. For enhanced safety and security, the entire building is equipped with a sprinkler system. Existing racking is in place, providing immediate storage solutions for tenants. This property presents a fantastic opportunity for businesses seeking efficient and well-appointed warehouse space in a thriving location. The property is located in Zebulon, NC, offering excellent access to major transportation routes and a strong local workforce. This is a multi-tenant building, providing a collaborative and dynamic environment.

    Property Features for 400 Gannon Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    148,004 SF
    Total Rate
    117169.83

    Building Details

    Year Built
    1954
    Buildings
    4

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    32,000 SF
    Rate per SF
    $9

    HighLights

    • 148,004 SF industrial warehouse in Wake County, NC.
    • Multiple tenants, with 32,000 SF of vacant space available.
    • Divisible units from 10,000 SF to 32,000 SF contiguous.
    • 10.67 acres of land.
    • Four buildings totaling 148,004 SF, built in 1954.
    • Features include two dock doors, a drive‑in door, sprinkler system, and existing racking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DEVIL-DOG Dungarees Clothing Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Zebulon
    County
    Wake
    State
    North Carolina
    Longitude
    -78.308784279254
    Latitude
    35.826174539404

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    FAQs

    What type of property is this?
    Distribution property - 10,000 - 32,000 SF Warehouse Available
    Where is this distribution property located?
    The property is located at 400 Gannon Ave Zebulon, NC.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 148,004 SF industrial warehouse in Wake County, NC.; Multiple tenants, with 32,000 SF of vacant space available.; Divisible units from 10,000 SF to 32,000 SF contiguous.
    Request Owner's contact information
    400 Gannon Ave Zebulon, NC 27597
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    Zebulon, NC 27597
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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
    400 Gannon Ave Zebulon, NC 27597
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