1500 Town Side Dr Apex, NC 27502-6604
This exceptional executive office suite, located at 1500 Town Side Dr, STE 301, Apex, NC 27502, presents a compelling investment opportunity. The 2,038 square foot space is priced at $800,000, translating to $392.54 per square foot. Situated in a Class B building constructed in 2005, this multi-tenant property offers a modified lease structure. The building itself is a three-story structure on a 0.38-acre lot, with the property identified by APN 0731686948 and zoned TND-CU. Convenience is enhanced by reserved parking located at the rear of the building. The property's location in Apex, Wake County, offers a prime business address. While the HOA fee for the past year totaled $2,392.47 ($398.74 per month for six months), this cost is offset by the property's strong location and cost-effective space. This presents a market advantage with transparent fees and added convenience. This is an excellent opportunity for a business seeking a well-located, efficient, and conveniently appointed office space.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
TND-CU · Apex, NCApex. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.