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    501 Mack-Todd Rd Zebulon, NC 27597
    Property profile & analytics

    501 Mack-Todd Rd, Zebulon, NC 27597

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    • Warehouses
    • 88,200 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 501 Mack-Todd Rd

    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional industrial property, located at 501 Mack-Todd Rd in Zebulon, North Carolina, offers a total of 88,200 square feet of versatile space ideal for manufacturing, warehousing, or distribution operations. Currently, there are two available spaces ranging from 13,200 to 24,769 square feet, providing flexibility for businesses of various sizes. The property boasts eight loading docks and eight drive-in doors, ensuring efficient loading and unloading processes. Situated in Wake County, the property is zoned for heavy industrial use, allowing for a wide range of potential applications. Its strategic location offers convenient access to major transportation arteries, including US 64 Bus and US 264 Hwy/I-87, facilitating seamless logistics and distribution. The building is a multi-tenant property, providing opportunities for collaboration and shared resources. The property features heavy power, making it suitable for energy-intensive operations. With its ample space, excellent access, and heavy industrial zoning, this property presents a compelling opportunity for businesses seeking a prime location in the thriving Zebulon market. The zip code is 27597.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Zebulon
    County
    Wake
    State
    North Carolina
    Longitude
    -78.3238
    Latitude
    35.8195

    Comparable in this City

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      1,200 SF

      1437 Mack-Todd Rd

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      1437 Mack-Todd Rd, Zebulon, NC 27597
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    • Value Estimation
      $48,325,000
      392,904 SF

      1500 Nc 39th Hwy

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      1500 Nc 39th Hwy, Zebulon, NC 27597-6987
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    • Value Estimation
      $2,410,000
      16,660 SF

      722 Gannon Ave

      MINI-WAREHOUSE, STORAGE
      722 Gannon Ave, Zebulon, NC 27597-2514
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    • Value Estimation
      $1,785,000
      11,440 SF

      700 Gannon Ave

      MINI-WAREHOUSE, STORAGE
      700 Gannon Ave, Zebulon, NC 27597
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    • Value Estimation by Request
      4,020 SF

      519 Industrial Dr

      WAREHOUSE, STORAGE
      519 Industrial Dr, Zebulon, NC 27597-2756
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    • Value Estimation by Request
      2,550 SF

      13096 Nc 96th N Hwy

      MINI-WAREHOUSE, STORAGE
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    Similar Nearby for Sale

    • Contact for pricing
      1,200 SF

      Zebulon Industrial Land For Sale

      8.38 acres of HI zoned land with site plan.
      1437 Mack Todd Rd, Zebulon, NC 27597
      View Details
    • Contact for pricing
      1,200 SF

      Zebulon Industrial Land For Sale

      8.38 acres of HI zoned land with site plan.
      1437 Mack-Todd Rd, Zebulon, NC 27597
      View Details
    • New
      $1,450,000
      Pending

      Zebulon Industrial Land with Building

      8.38 acres of industrial land with existing building.
      1437 Mack Todd Rd, Zebulon, NC 27597
      View Details

    Similar Nearby for Lease

    • $1,800 /Mo
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      Downtown Zebulon Office Suite

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      Retail Ready Land Development

      Prime commercial land for retail development in Zebulon, NC.
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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