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    Property profile & analytics
    OFF-MARKET Estimated value $765,000
    Retail space

    1880 Broad St, Fuquay Varina, NC 27526-8369

    7,561 SF 7.38 ac lot Built 2022
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US53-0776947
    Property summary
    AI-generated overview

    Lane Professional Park offers exceptional office and retail opportunities in the rapidly growing Fuquay-Varina area. This brand-new, six-building development, completed in 2024, features single-story buildings totaling 67,350 square feet of space. Units range from 1,800 to a maximum contiguous 9,805 square feet, ideal for a variety of businesses. The property boasts a convenient location on NC 55 Hwy, providing easy access to both Holly Springs and Fuquay-Varina, with excellent visibility and multiple points of ingress/egress on NC 55 Hwy and Old Powell Road. The development benefits from a high traffic count of 30,000 vehicles per day and is surrounded by significant residential growth, with over 3,500 new homes and apartments approved or under construction nearby. The property offers ample parking with a 4.0 per 1,000 square foot ratio. Available spaces are suitable for traditional office, medical office, and retail uses. Lease terms are flexible, ranging from 5 to 10 years, with tenant allowances for build-out. Office lease rates are $27.50 per square foot per year, NNN, and retail lease rates are $29.50 per square foot per year, NNN. The sale price is available upon request. The estimated total operating expense is $4.25 per square foot per year. Signage opportunities are also available. Currently, 41,361 square feet of space is vacant.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2022
    Construction BRICK
    Total area 7,561 SF
    Lot 7.38 ac (321,473 SF)
    Zoning code GC
    APN 0657.02-76-7859 0361287
    UPID US53-0776947
    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
    • Sheetz Gas Station
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $785k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $765k
    Owner & transaction history
    Nmc Ventures LLC · 1 yrs held
    Nmc Ventures LLC
    since 2025
    Last sale
    $775,000
    7 recorded transactions
    2025
    $775,000
    2023
    $727,000
    2023
    $582,500
    2016
    $1.1M
    2015
    $650,000
    2013
    $335,000
    2010
    Zoning & alternative use
    GC · Fuquay Varina, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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