Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11132 Us-401 Fuquay-Varina, NC 27526
    Back to Search
    Property profile & analytics

    11132 Us-401 Fuquay-Varina, NC 27526

    View on Map
    • Retail properties & Spaces
    • 9,300 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 11132 Us-401

    Year built
    2024
    Property size
    9,300 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional 9,300-square-foot retail building, situated on a spacious 17.9-acre lot in Fuquay-Varina, North Carolina, presents a unique investment opportunity. Constructed in 2024, the property offers a single-tenant occupancy with ample space for a variety of commercial uses. The building is fully vacant, providing immediate occupancy for a new tenant. Located at 11132 US-401, in Harnett County (zip code 27526), this property boasts convenient access and high visibility. The site includes extensive amenities designed to enhance tenant experience and satisfaction. These amenities include a picnic area by a pond, a half-mile walking trail, an ice kiosk, an air station, and a dump station. Further enhancing the property's appeal are boat and RV wash and repair services. Security is ensured by a six-foot-high aluminum fence with brick posts and an automatic gate. The property also features ample parking with a generous turning radius accommodating large trucks and even semi-trucks. The lease rate is $20 per square foot, including TICAM, with a one-year contract at $12,000. The building's design is adaptable to various tenant needs, with potential for upgrades based on lease terms. This property is ideal for businesses seeking a high-visibility location with exceptional amenities and ample space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fuquay-Varina
    County
    Harnett
    State
    North Carolina
    Longitude
    -78.8154
    Latitude
    35.5437

    Comparable in this City

    • Value Estimation by Request
      0.96 Acres

      2 Lakestone Cmns Ave

      Land • 0.96 Acres
      2 Lakestone Cmns Ave, Fuquay-Varina, NC 27526
      View Details
    • Value Estimation by Request

      401 At Nc 55/42

      Land
      401 At Nc 55/42, Fuquay-Varina, NC 27526
      View Details
    • Value Estimation by Request
      195,167 SF

      Nc-55 & Clayton Rd

      Land • 195,167 SF
      0 Nc-55 & Clayton Rd, Apex, NC 27526
      View Details
    • Value Estimation
      $11,215,000
      86,111 SF

      640 Lakestone Cmns Ave

      DEPARTMENT STORE • 86,111 SF
      640 Lakestone Cmns Ave, Fuquay Varina, NC 27526-7386
      View Details
    • Value Estimation by Request
      26,741 SF

      612 Lakestone Commons Ave

      Retail properties & Spaces • 26,741 SF
      612 Lakestone Commons Ave, Fuquay-Varina, NC 27526
      View Details
    • Value Estimation by Request
      21,000 SF

      Hilltop Needmore Rd

      Flex space • 21,000 SF
      0 Hilltop Needmore Rd, Fuquay-Varina, NC 27526
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,247 SF

      Prime Corner Lot Opportunity

      Commercial development opportunity in a high-growth Fuquay-Varina location.
      629 W Academy St, Fuquay Varina, NC 27526
      View Details
    • Contact for pricing

      Prime Commercial Corner Lot Opportunity

      High-visibility corner lot ideal for retail, office, or mixed-use.
      629 W Academy St, Fuquay Varina, NC 27526
      View Details
    • $1,467,355
      1,925 SF

      Retail/Office Building on Highway 401

      1,925 SF building on almost 1 acre near Highway 401.
      2136 N Main St, Fuquay Varina, NC 27526
      View Details
    • $999,900
      Pending

      Versatile Downtown Property For Sale

      Highly visible property with showroom and flexible space in growing community.
      202 N Main St, Fuquay Varina, NC 27526
      View Details
    • $4,500,000
      11,879 SF

      Turnkey Sports Bar & Entertainment Hub

      Fully equipped venue in a booming market, ready for service.
      1420 E Broad St, Fuquay Varina, NC 27526
      View Details
    • $950,000
      1.44 Acres

      Prime Commercial Corner Lot Opportunity

      Corner lot ideal for retail, office, medical, restaurant development.
      629 W Academy St, Fuquay Varina, NC 27526
      View Details

    Similar Nearby for Lease

    • $37 SF/Yr

      Retail Center with Available Space

      Multitenant retail center with spaces available for lease.
      1301 North Judd Pkwy Northeast, Fuquay-Varina, NC 27526
      View Details
    • Contact for pricing

      Retail Pad Site For Lease

      Pad site suitable for QSRs, retailers, and medical users.
      1950 Cinema Dr, Fuquay Varina, NC 27526
      View Details
    • Contact for pricing

      Retail and Medical Office Space

      Retail and medical office space available in Fuquay-Varina, NC.
      NC-55 Usa, Fuquay-Varina, NC 27526
      View Details
    • $1,300 /Mo
      3,180 SF

      Retail Space in Fuquay Varina

      Retail space available for lease in Fuquay Varina, NC.
      411 E Broad St, Fuquay Varina, NC 27526
      View Details
    • Contact for pricing

      New Retail Space For Lease

      New ground floor retail space available in Fuquay-Varina, NC.
      200 Alex Ridge Dr, Fuquay-Varina, NC 27526
      View Details
    • Contact for pricing

      New Professional Condo Development

      Six-building professional condo development in Fuquay-Varina, convenient to Holly Springs.
      1880 Broad St, Fuquay-Varina, NC 27526
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11132 Us-401
    Fuquay-Varina, NC 27526
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11132 Us-401, Fuquay-Varina, NC, 27526
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!