Property summary
This exceptional Raleigh investment opportunity encompasses a fully leased, 18,800-square-foot commercial property situated on a generous 8.13-acre lot. The property consists of two buildings strategically located near the intersection of Tryon Road and Highway 401/Highway 70, offering excellent accessibility and visibility. One building, totaling 8,300 square feet, functions as a flexible office/flex space, while the second building provides 10,500 square feet of warehouse/laydown area. Both buildings are currently under lease, generating consistent income for the investor. The property benefits from city water and sewer services and is zoned for industrial use, providing versatility and potential for future development. The asking price for this turnkey investment is $6,700,000. This property presents a rare chance to acquire a high-performing, fully leased commercial complex in a prime Raleigh location, offering immediate return on investment and long-term growth potential. The convenient location and substantial lot size provide significant advantages for both current operations and future expansion possibilities. The combination of office and warehouse space caters to a diverse range of potential tenants, ensuring sustained occupancy and rental income. This is an exceptional opportunity for investors seeking a stable and profitable addition to their portfolio.
Property profile
VerifiedCap rate & NOI
Current use
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Business Service Center Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LI · Raleigh, NCZoning
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Zoning designation
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The district profile from the municipal source: what is on file for LI in Raleigh, NC.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning