Property summary
This exceptional 190,000-square-foot warehouse, located in Wake County, presents a significant opportunity for industrial businesses seeking a strategically positioned facility. The property boasts a single-tenant occupancy, offering complete control and flexibility. The building features 15 dock-high doors and 5 drive-in doors, ensuring efficient loading and unloading operations. Conveniently situated at the intersection of Highways 42 and 401, this warehouse offers exceptional accessibility. The property also benefits from easy access to major thoroughfares including Highways 55, I-540, and I-40, providing seamless connectivity throughout the region. The building is zoned HI, allowing for a variety of industrial uses. The entire 190,000 square feet is currently vacant and available for immediate occupancy, starting September 1, 2024. This prime location, combined with the substantial size and ample loading capabilities, makes this warehouse an ideal choice for businesses requiring significant space and convenient access to key transportation routes. Contact us today to discuss lease rates and schedule a viewing.
Property profile
VerifiedCap rate & NOI
Current use
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Warehouse & Storage
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Storage Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The HI zoning district is intended to permit new industrial development and existing industries and warehouses developed, and to permit redevelopment, as the market changes, for warehousing of production, material and fi…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
HI · Fuquay Varina, NCThe HI zoning district is intended to permit new industrial development and existing industries and warehouses developed, and to permit redevelopment, as the market changes, for warehousing of production, material and fi…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The HI zoning district is intended to permit new industrial development and existing industries and warehouses developed, and to permit redevelopment, as the market changes, for warehousing of production, material and fi…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HI in Fuquay Varina, NC.
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Find the owner behind the property.
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