Property profile

355 Park Ave Youngsville, NC 27596

OFF-MARKET
Distribution centers
Property ID
US53-0706417
22,120 SF 2 ac lot Built 1996
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1996
Total area 22,120 SF
Lot 2 ac (87,120 SF)
Zoning code MU-2
APN 28161
UPID US53-0706417

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

355 Park Ave Youngsville, NC 27596-8693
Youngsville metro Census 60501 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.57M
CAP Approach CAP
$2.65M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.48M

Owner & transaction history

since 2022
Last sale
$3.4M
6 recorded transactions
2022
$3.4M
2021
Price N/A
2020
Price N/A
2016
Price N/A
2009
$1.0M
2005
$1.0M

Zoning & alternative use

MU-2 · Youngsville, NC
Zoning description

The MU-2 District is intended to promote sustainable redevelopment of underutilized commercial areas and infill sites, providing opportunities for housing, retail, and office uses in a pedestrian-friendly yet auto-orient…

General category MIXED_USE
Top alternative use upside
Office building $3.5M +151.4%

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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