Property summary
This exceptional industrial property, located at 301 Bridge St in Fuquay-Varina, NC, offers a total of 243,745 square feet of warehouse and flex space across ten buildings situated on 11.81 acres. The property, built in 1951 and zoned HI (Heavy Industrial), provides a diverse range of unit sizes to accommodate various business needs. Buildings A through F each offer approximately 24,000 square feet, while buildings G through J provide approximately 18,000 square feet each. All buildings feature convenient drive-in bay doors. Individual units are divisible down to 195 square feet, allowing for flexibility and customization. The maximum contiguous space available is 24,000 square feet, while a total of ten suites are available for lease. This multi-tenant property presents a unique opportunity for businesses seeking versatile and adaptable warehouse or flex space in Wake County, North Carolina. The property's location in Fuquay-Varina offers convenient access to major transportation routes and a thriving business community. The property is ideal for businesses requiring substantial space and flexible configurations. Currently, eleven spaces are available for lease. This prime industrial location provides a strategic advantage for businesses seeking to establish or expand their operations in the area. The property's size and layout offer significant potential for a variety of industrial uses.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
HI · Fuquay Varina, NCThe 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HI in Fuquay Varina, NC.
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