Property summary
This exceptional three-story, 59,316-square-foot Class B office building presents a unique investment opportunity in Youngsville, North Carolina. The entire building is currently vacant, offering a blank canvas for a single tenant to customize. Situated on a 3-acre lot, the property boasts 70 parking spaces, ensuring ample convenience for employees and clients. Its traditional office design provides a functional and adaptable workspace. The building's strategic location off NC Hwy 96 offers easy access to Capital Boulevard/US-1, providing a straightforward commute to Raleigh and the wider Triangle area. Commuters benefit from opposite traffic patterns during peak hours. The property is further enhanced by its picturesque setting, nestled within a landscaped campus featuring fields, trees, and natural ponds. The development's potential is amplified by the planned construction of approximately 1600 homes on adjacent land, promising future growth and increased demand in the area. This presents a rare chance to secure a substantial office space in a rapidly developing community. The property's size, location, and surrounding development make it an ideal location for a variety of businesses seeking a prominent presence in the Triangle region.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Production Facility
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High School
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Fingerprinting Service
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Industrial Manufacturer Production Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The IND District is intended to provide locations for manufacturing and warehouse uses that, due to their size and intensity, cannot be integrated into mixed-use or neighborhood districts, with buffering to minimize impa…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
IND · Youngsville, NCThe IND District is intended to provide locations for manufacturing and warehouse uses that, due to their size and intensity, cannot be integrated into mixed-use or neighborhood districts, with buffering to minimize impa…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The IND District is intended to provide locations for manufacturing and warehouse uses that, due to their size and intensity, cannot be integrated into mixed-use or neighborhood districts, with buffering to minimize impa…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IND in Youngsville, NC.
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Find the owner behind the property.
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