Financial
Distress signals
Property profile

600 Irving Pkwy Holly Springs, NC 27540

FOR LEASE
Warehouses
Property ID
US53-5651125
38,400 SF 8.53 ac lot Built 1997
Last sale Dec 2025 · $9,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 44,960 square foot freestanding building presents a unique opportunity in Holly Springs, NC's burgeoning Raleigh-Durham submarket. Located at 600 Irving Parkway, this Class B property boasts a desirable single-tenant occupancy, offering significant flexibility for a variety of uses. The building features a spacious layout, ideal for office and industrial operations, with a substantial 25-foot ceiling height. The property includes three dock-high doors, facilitating efficient…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$38k
Tax billed · 2023
Assessed value$3.56M
Assessed land$1.01M
Assessed improvement$2.54M
Effective rate1.08%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$210/SF
County average, outlier-cleaned · 426 recorded sales of this use type
Observed band · Q1–Q3$145 – $308
Qualifying comparables3

Cap rate analysis

How does the asset earn?
3,447.11%
$589k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RT
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm13.7
Auto Parts Store11.7
Hair Salon11.4

Location

600 Irving Pkwy Holly Springs, NC 27540
County assessor Recorded deeds · 8 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
601 Irving, Holly Springs, NC 27540-8446 $9,250,000 Jan 2023 49,000 SF
1309 New Hl, Holly Springs, NC 27540-6102 $325,000 Oct 2022 66,990 SF
161 Tradition, Holly Springs, NC 27540-7045 $14,800,000 May 2022 125,381 SF
211 Premier, Holly Springs, NC 27540-8414 $4,425,000 Mar 2022 19,200 SF
151 Premier, Holly Springs, NC 27540-8412 $3,800,000 Mar 2022 15,072 SF
121 Thomas Ml, Holly Springs, NC 27540-9320 $1,125,000 Nov 2018 11,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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