100 Hunter Pl Youngsville, NC 27596
- Life science properties
- 73,722 SF
- 23.98 lot acres
Current Use by Public Records
- Sirchie / Manufacturer / Training Centre
- American Institute-Appld Sci / School
- Ace Fingerprint Equipment Lab / Fingerprinting Service
- Premier Crown Corporation / Manufacturer
Property Details for 100 Hunter Pl
- Year built
- 1992
- Lot size
- 23.98 lot acres
- Property size
- 73,722 SF
- Zone code
- IND
- Property type
- Life science properties
- APN
- 5836
- APU
- 5836
Description
This exceptional three-story, 59,316-square-foot Class B office building presents a unique investment opportunity in Youngsville, North Carolina. The entire building is currently vacant, offering a blank canvas for a single tenant to customize. Situated on a 3-acre lot, the property boasts 70 parking spaces, ensuring ample convenience for employees and clients. Its traditional office design provides a functional and adaptable workspace. The building's strategic location off NC Hwy 96 offers easy access to Capital Boulevard/US-1, providing a straightforward commute to Raleigh and the wider Triangle area. Commuters benefit from opposite traffic patterns during peak hours. The property is further enhanced by its picturesque setting, nestled within a landscaped campus featuring fields, trees, and natural ponds. The development's potential is amplified by the planned construction of approximately 1600 homes on adjacent land, promising future growth and increased demand in the area. This presents a rare chance to secure a substantial office space in a rapidly developing community. The property's size, location, and surrounding development make it an ideal location for a variety of businesses seeking a prominent presence in the Triangle region.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $10,360,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $9,210,000
- 6.5%
- $10,500,000
- 7%
- $10,530,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $11,755,000
- Geo Method
- $9,410,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,690,000
- Retail
- $11,255,000
- Mixed-Use
- $10,805,000
- Hospitality
- $8,515,000
- Educational
- $9,175,000
- Residential Income
- $9,320,000
- Energy
- $9,045,000
- Income-Based Land
- $9,275,000
- Food Service
- $10,595,000
Location Insight
- Map
- Local Demand
- City
- Youngsville
- County
- Franklin
- State
- North Carolina
- Longitude
- -78.4862
- Latitude
- 36.0329
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
