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Property profile & analytics
OFF-MARKET
Warehouses

1201 Nc 42 Hwy Fuquay-Varina, NC 27526

369,600 SF
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents four Class A industrial warehouse buildings totaling 369,600 square feet, situated on a 30.07-acre lot in Wake County. The property is zoned HI (Heavy Industrial) and offers flexible space options, with a minimum divisible unit of 80,000 square feet and a maximum contiguous space of 129,600 square feet. All 369,600 square feet are currently vacant. Each building features concrete tilt-wall construction, 32-foot clear ceiling heights, and 50' x 50' column spacing with 60' speed bays. The robust infrastructure includes 107 loading docks, 570 paved parking spaces (1.5 spaces per 1,000 square feet), and ample trailer parking. The warehouse boasts a 6-inch thick floor slab on a 4-inch crushed stone base, a rubber membrane roof, and LED lighting. Utilities include three-phase power (2,000 amps, 277/480v) supplied by Duke Energy, natural gas service from Dominion, city water and sewer, and telecom services from Spectrum and AT&T. A comprehensive ESFR sprinkler system is in place. The property enjoys a prime location off Highway 55 and 42, offering convenient access to Interstate 540 (5 miles). Truck court depth ranges from 126 to 222 feet wide. Building-specific dock door counts are: Building 1: 42 (9'x10') and 2 (12'x14'); Buildings 2, 3, and 4: 21 (9'x10') each. This is a future industrial park with significant potential. APN: 0677311691 & 0677319380.

Property profile
Verified
Property type Warehouses
Total area 369,600 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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