1400-1480 Chapel Ridge Rd Apex, NC 27502
Located in Apex, NC, this mixed-use development at 1400-1480 Chapel Ridge Rd offers 1,500-7,500 square feet of premium office space. The property, part of the Olive Chapel Professional Park, comprises five two-story buildings totaling nearly 75,000 square feet, constructed in 2020. Each building boasts full elevator access and three convenient secondary entrances. The property is zoned for Office and Institutional use (O&I-CZ) and sits on an 8.7-acre lot. Available spaces include vacant shell space for $360 per square foot and income-producing units for $460 per square foot. Cap rates vary, ranging from 5% to 8%. This prime location in Apex offers a unique opportunity for businesses seeking modern, flexible office space in a desirable area. The property features a multi-tenant configuration with a NNN lease type. This development presents an excellent investment opportunity with strong potential for return. Contact us today to learn more about leasing or purchasing options within this thriving professional park.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.