Property profile

1730 5th Pts Ln Fuquay Varina, NC 27526

OFF-MARKET
Warehouses
Property ID
US53-2151394
90,000 SF 8.11 ac lot Built 1972
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1972
Construction METAL FRAME
Total area 90,000 SF
Lot 8.11 ac (353,272 SF)
Zoning code HI
APN 0677.03-22-5246 0329547
UPID US53-2151394

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
  • Warehouse & Storage
  • Storage Facility

Location

1730 5th Pts Ln Fuquay Varina, NC 27526-8418
Fuquay Varina metro Census 53109 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.57M
CAP Approach CAP
$10.76M
Comparable Approach Comparable
$6.52M
Blend (final) Blend
$8.58M

Owner & transaction history

since 2023
Last sale
$6.8M
7 recorded transactions
2023
$7.3M
2018
Price N/A
2017
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

HI · Fuquay Varina, NC
Zoning description

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…

General category INDUSTRIAL

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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