Property profile

100 Hunter Pl Youngsville, NC 27596

FOR SALE
Life science properties
Property ID
US53-3615483
73,722 SF 23.98 ac lot Built 1992
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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For Sale
Contact for pricing 73,722 SF
100 Hunter Pl, Youngsville, NC 27596
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Property summary

AI-generated overview

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

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1992
Total area 73,722 SF
Lot 23.98 ac (1,044,569 SF)
Zoning code IND
APN 5836
UPID US53-3615483

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • High School
  • Fingerprinting Service
  • Industrial Manufacturer Production Facility

Location

100 Hunter Pl Youngsville, NC 27596
Youngsville metro Census 60501 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.36M

Owner & transaction history

since 2022
Last sale
$10.0M
2 recorded transactions
2022
$10.0M
2008
$18.5M

Zoning & alternative use

IND · Youngsville, NC
Zoning description

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…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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