Property profile

101 Petfinder Ln Raleigh, NC 27603

OFF-MARKET
Warehouses
Property ID
US53-1034563
8,136 SF 8.13 ac lot Built 2004
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2004
Construction CONCRETE BLOCKS
Total area 8,136 SF
Lot 8.13 ac (354,143 SF)
Zoning code LI
APN 1702.17-00-9864 0304659
UPID US53-1034563

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Business Service Center Corporate Office

Location

101 Petfinder Ln Raleigh, NC 27603-2872
Raleigh metro Census 53009 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$6.1M
7 recorded transactions
2025
$6.1M
2019
Price N/A
2016
Price N/A
2015
Price N/A
2004
$556,500
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LI · Raleigh, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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