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    OFF-MARKET
    Warehouses

    1209 Main St, Wake Forest, NC 27587-9282

    5,000 SF 0.93 ac lot Built 2000
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US53-0090526
    Property summary
    AI-generated overview

    This exceptional 5,000-square-foot flex warehouse, built in 2000, presents a compelling investment opportunity in Wake Forest, North Carolina. Located at 1209 S Main St, this Class B property sits on a 0.93-acre lot and boasts 30 parking spaces. The single-story building features a 12-foot ceiling height, providing ample vertical space for various uses. The property's strategic location offers significant street visibility with 160 feet of frontage along S Main Street, enhanced by convenient double-door walk-up side access and a rear access trash enclosure. The zoning is NB. Its prime location within the Forestville submarket places it in close proximity to major retailers such as Wegmans and Lidl, situated northwest of the property, and benefits from the proximity to the Holding Village residential development to the east. This location offers strong demographics and is ideally situated on a connector road between Highways 1 and 98, ensuring excellent accessibility and high visibility. The property's APN is 0243725. This is a single-unit building offering significant potential for a variety of businesses. The asking price is $1,300,000.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2000
    Construction METAL FRAME
    Total area 5,000 SF
    Lot 0.93 ac (40,511 SF)
    Zoning code NB
    APN 1840.10-25-7999 0243725
    UPID US53-0090526
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Carquest Auto Parts Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Speiro LLC · 1 yrs held
    Speiro LLC
    since 2025
    Last sale
    $1.3M
    4 recorded transactions
    2025
    $1.3M
    2005
    $515,000
    2003
    $515,000
    1969
    Zoning & alternative use
    NB · Wake Forest, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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