201 Tryon Rd Raleigh, NC 27603
- Warehouses
- 12,005 SF
- 1.38 lot acres
Current Use by Public Records
- Cover My Floors Inc / General Contractor / Renovation Specialist
- The Sewing Room of Garner / (Bike/Boat/Book/etc) Store
- King's Park Raleigh / Church
- Hope Cafe / Conference Center / Trade Show Venue
- Eastern Disc Golf / (Bike/Boat/Book/etc) Store
Property Details for 201 Tryon Rd
- Year built
- 2001
- Construction
- METAL FRAME
- Lot size
- 1.38 lot acres
- Property size
- 12,005 SF
- Zone code
- IX-3
- Property type
- Warehouses
- APN
- 1702.19-51-7162 0075417
- APU
- 1702195171620075417
Description
This exceptional 12,000 square foot multi-tenant flex building, located in South Raleigh at the highly visible intersection of Tryon Road and Durham Drive, offers a prime opportunity for businesses seeking flexible space. Currently, 1,800 square feet of space is immediately available for lease within this single-tenant building. The property boasts excellent visibility to the high traffic volume on Tryon Road, providing significant branding opportunities through building and monument signage. The IX-3-PL zoning allows for a variety of uses. Tenant improvements are available to customize the space to meet specific business needs. This strategically located building provides convenient access to major transportation arteries, including Highway 401, I-40, I-540, Highway 70, and Downtown Raleigh, ensuring seamless commutes for employees and clients. The property features one drive-in door for easy loading and unloading. This is an ideal location for businesses seeking high visibility, convenient access, and flexible space in a thriving area of Raleigh. Don't miss this chance to secure a prominent location in a well-maintained building. Inquire today to learn more about leasing options and available tenant improvements.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,220,000
- 6.5%
- $2,050,000
- 7%
- $1,900,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,216,000
Market price range: $545k - $1.67M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,350,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.6436
- Latitude
- 35.7309
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA