You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Warehouses

3200 Bush St Raleigh, NC 27609-7503

113,680 SF 19.79 ac lot Built 1967
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US53-5666258
Property summary
AI-generated overview

This exceptional single-story industrial warehouse, totaling 251,314 square feet, offers an immediate opportunity for lease. Currently, 50,800 square feet of contiguous space is available, representing a significant portion of the building's total area. Built in 1967, the property boasts an 18-foot ceiling height, providing ample vertical space for storage and operations. The warehouse features four loading docks and one drive-in door, ensuring efficient loading and unloading of goods. The property's strategic location provides immediate access to I-440, facilitating seamless transportation and distribution throughout the region. This location offers easy access to all major highways, making it an ideal choice for businesses requiring convenient access to regional transportation networks. The entire building consists of a single suite, currently offering a single, large space for lease. The minimum divisible space is 50,800 square feet, making it suitable for a variety of businesses seeking substantial warehouse space. Contact us today to discuss lease rates and explore the possibilities of this prime industrial property. The property is classified as both a warehouse and distribution facility, catering to a wide range of logistical needs.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1967
Construction METAL FRAME
Total area 113,680 SF
Lot 19.79 ac (862,052 SF)
Zoning code IX-3
APN 1715.10-45-6152 0016091
UPID US53-5666258
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
  • Wake Tech Beltline Education Center Training Center Vocational School
  • Wake Tech Beltline High School
  • Esl High School
  • Jordan Trees Garden Center Landscaping
  • Raleigh UNC2 - Prime Now Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Pep 3200 Bush Street LP · 4 yrs held
Pep 3200 Bush Street LP
since 2022
Last sale
$46.8M
7 recorded transactions
2022
$46.8M
2021
Price N/A
2019
Price N/A
2016
$20.5M
2016
Price N/A
2016
Price N/A
2007
$8.5M
Zoning & alternative use
IX-3 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial activity andlimited housing opportunities

Zone name Industrial Mixed Use
General category MIXED_USE
Zone area 4,634.30 ac
Source Realmo
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3200 Bush St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message