Property profile

3006 Air Park Rd Fuquay Varina, NC 27526

OFF-MARKET
Warehouses
Property ID
US53-1496622
3,000 SF 1 ac lot Built 2005
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,000-square-foot flex/warehouse space at 3006 Air Park Road in Fuquay-Varina, NC, presents a fantastic opportunity for businesses seeking a versatile and conveniently located property. Built in 2005, this single-tenant building offers a blend of warehouse and office space, ideal for a variety of uses. The property boasts three convenient drive-in doors, facilitating efficient loading and unloading. Inside, you'll find 15x15 feet of climate-controlled office space, providing a comfortable and functional workspace. Located in Wake County, this property benefits from excellent access to major transportation arteries. US Highway 401 and North Carolina Highway 55 provide quick commutes to nearby cities, including Raleigh (approximately 20 miles north) and Cary (about 15 miles away). The property's strategic location offers easy access to a skilled workforce and a thriving business community. This well-maintained building is ready for immediate occupancy, providing a cost-effective solution for businesses seeking a functional and accessible space in a desirable location. The 27526 zip code ensures a convenient address for clients and employees alike. This is a rare opportunity to secure a high-quality industrial space in a rapidly growing area.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2005
Construction METAL FRAME
Total area 3,000 SF
Lot 1 ac (43,560 SF)
Zoning code AD-1
APN 0687.02-99-1941 0096759
UPID US53-1496622

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
  • Auto Repair Shop

Location

3006 Air Park Rd Fuquay Varina, NC 27526-4397
Fuquay Varina metro Census 53110 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$525k

Owner & transaction history

since 2022
Last sale
$400,000
7 recorded transactions
2024
Price N/A
2022
$400,000
2019
$255,000
2008
Price N/A
2004
$12,500
2002
$225,000
2002
Price N/A

Zoning & alternative use

AD-1 · Fuquay Varina, NC

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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