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    1930 Salem St Apex, NC 27523

    Sponsored
    For Sale
    Contact for pricing

    7-Acre Industrial Complex, 61,250 SF

    Property size:
    61,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7-acre industrial property, located at 1930 N Salem St, Apex, NC 27523 (APN 0742788809), presents a unique investment opportunity. The site currently features one fully leased, two-story building and an approved site plan from the Town of Apex for six additional buildings, totaling 61,250 square feet of flex space. The approved plan allows for a two-story configuration in all buildings, complete with elevator access. Ample parking is available, with a total of 200 spaces, including 50 covered spaces. The property is zoned for Light Industrial use and sits on a prime 7-acre lot in Wake County, North Carolina. This rapidly developing area offers convenient access to historic downtown Apex, Cary, downtown Raleigh, and Raleigh-Durham International Airport (RDU). The high growth potential of Apex, the fastest-growing town in North Carolina, makes this a compelling investment prospect. This property offers a blend of existing income and significant future development potential. Contact for pricing and further details.

    Property Features for 1930 Salem St

    General Information

    Property type
    Flex space
    Square Feet
    61,250 SF
    Lot Size
    304,920 SF

    Building Details

    Stories
    2

    HighLights

    • Seven‑acre industrial site in Apex, NC.
    • Light Industrial zoning.
    • High‑growth area with excellent access to major roadways and RDU Airport.
    • Property PIN: 0742788809.
    • Price available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Zig Zag Multimedia Website Designer CAS, Inc. Property Management Company All News Medical Clinic Life Stage Counseling Mental Health Service Beth D Bowers ... Counselor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Apex
    County
    Wake
    State
    North Carolina
    Longitude
    -78.839547
    Latitude
    35.7533048

    Nearby Comparable

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    Nearby Similar for Sale

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      Executive suites available for sale.
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    FAQs

    What type of property is this?
    Flex space - 7-Acre Industrial Complex, 61,250 SF
    Where is this flex space located?
    The property is located at 1930 Salem St Apex, NC.
    What are key features of this property?
    This property features: Seven-acre industrial site in Apex, NC.; Light Industrial zoning.; High-growth area with excellent access to major roadways and RDU Airport.
    Request Owner's contact information
    1930 Salem St Apex, NC 27523
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    Apex, NC 27523
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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
    1930 Salem St Apex, NC 27523
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