1930 Salem St, Apex, NC 27523-8217
This exceptional 7-acre property in Apex, North Carolina, presents a unique investment opportunity. Currently featuring a fully leased building, the site boasts an approved site plan from the Town of Apex for six additional buildings, totaling 61,250 square feet of leasable space. The approved plan includes 200 parking spaces, 50 of which are covered. All buildings are designed for a two-story configuration with convenient elevator access. The property is zoned for Light Industrial use (APN: 0742788809) and offers a flexible space suitable for both traditional office and warehouse tenants. The entire 61,250 square feet is currently vacant and ready for immediate occupancy. Located at 1930 N Salem St, Apex, NC 27523, this prime location offers easy access to historic downtown Apex, Cary, downtown Raleigh, and RDU International Airport. This makes it an ideal location for businesses seeking a blend of accessibility and a thriving community. The property's size and zoning provide significant potential for future development and expansion within one of North Carolina's fastest-growing towns. This is a rare chance to acquire a substantial, versatile property in a high-demand area.
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Zig Zag Multimedia Marketing & Advertising (Bike/Boat/Book/etc) Store
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CAS, Inc. Property Management Company
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All News Medical Clinic
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Life Stage Counseling Crisis Center Medical Clinic
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Beth D Bowers Counseling, PLLC Counselor
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
LI · 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.