112 Wheaton AveYoungsville, NC 27596

Property Details for 112 Wheaton Ave

Year built

1990

Lot size

1.80 AC

Property size (Sq ft)

26,800 SF

Zone code

M U

Property type

Office properties

Property subtype

Other office properties

APN

16232

APU

16232

Description

This exceptional single-tenant industrial flex space, located at 112 Wheaton Ave in Youngsville, North Carolina, offers a versatile and functional layout ideal for a variety of businesses. Built in 2000, the property boasts a total area ranging from 1,100 to 10,100 square feet, providing ample room for operations and storage. The single-story building features a generous 16-foot ceiling height, maximizing vertical space and offering flexibility in design and layout. Access is convenient with one drive-in door and ample parking for 20 vehicles. The property is zoned for commercial use, ensuring compliance with various business operations. Its strategic location near US-1 Highway provides excellent accessibility and visibility, enhancing its appeal to businesses seeking convenient transportation links. Situated in Franklin County, this property offers a blend of functionality and accessibility, making it an attractive option for businesses seeking a well-located and versatile industrial space. The property's single-tenant occupancy provides a streamlined and efficient operational environment.

• CAP approach

  CAP return

  Valuation

  6%

  $6,496,159

  6.5%

  $5,996,454

  7%

  $5,568,136

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,094,536

  Geo Method

  $6,151,672

• Alternative Use

  Use

  Valuation

  Residential

  $7,435,604

  Hospitality

  $6,810,973

  Educational

  $5,666,650

  Medical

  $5,861,534

  Retail

  $8,814,788

Location Insight

City

Youngsville

County

Franklin

State

North Carolina

Latitude

36.0362

Longitude

-78.4819

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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