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    Property profile & analytics
    OFF-MARKET Estimated value $7,620,000
    Warehouses

    400 Gannon Ave, Zebulon, NC 27597-2708

    46,391 SF 8.8 ac lot Built 1954
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US53-1077291
    Property summary
    AI-generated overview

    This exceptional industrial property in Wake County, North Carolina, offers a rare opportunity to lease warehouse space in a prime location. The property consists of four buildings totaling 148,004 square feet, situated on 10.67 acres of land. Currently, 32,000 contiguous square feet are immediately available, with a minimum divisible space of 10,000 square feet. The buildings, constructed in 1954, are well-maintained and feature desirable amenities. Each unit includes two dock doors and a convenient drive-in access point, streamlining loading and unloading operations. For enhanced safety and security, the entire building is equipped with a sprinkler system. Existing racking is in place, providing immediate storage solutions for tenants. This property presents a fantastic opportunity for businesses seeking efficient and well-appointed warehouse space in a thriving location. The property is located in Zebulon, NC, offering excellent access to major transportation routes and a strong local workforce. This is a multi-tenant building, providing a collaborative and dynamic environment.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1954
    Construction BRICK
    Total area 46,391 SF
    Lot 8.8 ac (383,328 SF)
    Zoning code HI
    APN 2705.10-46-8163 0066152
    UPID US53-1077291
    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
    • DEVIL-DOG Dungarees Clothing Supplier
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $7.62M
    CAP Approach CAP
    $5.55M
    Comparable Approach Comparable
    $7.69M
    Blend (final) Blend
    $7.62M
    Owner & transaction history
    Deborah R Coleman · 2 yrs held
    Deborah R Coleman
    since 2024
    Last sale
    $7.6M
    2 recorded transactions
    2024
    2024
    $7.6M
    Zoning & alternative use
    HI · Zebulon, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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