Technical
Financial
Distress signals
Property profile

4000 Business Park Dr Raleigh, NC 27610

OFF-MARKET
Distribution centers
Property ID
US53-0814058
105,820 SF 6.08 ac lot Built 2001
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 17,000-square-foot warehouse space presents a fantastic opportunity for businesses seeking efficient and well-appointed industrial facilities in Raleigh, North Carolina. Located at 4000 Business Park Drive, Suite 115, this single-tenant property is part of a larger 106,000-square-foot building, offering ample space and convenient access. The warehouse boasts a 24-foot clear height ceiling, providing significant vertical storage capacity. Loading and unloading are streamlined with five dock doors, four equipped with Early Order Delivery (EOD) systems and one featuring a pit leveler. The space also includes 2,141 square feet of office space, ideal for administrative functions. The warehouse features a 40' x 40' column spacing, maximizing usable floor area and flexibility for layout. The property is situated in Wake County, offering easy access to major transportation routes and a thriving business community. An LED lighting upgrade is available, enhancing energy efficiency and operational costs. This is a prime location for businesses seeking a modern, functional, and strategically located warehouse in the heart of Raleigh. The property is a single-story building, simplifying operations and logistics. This exceptional warehouse space is ready for immediate occupancy.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2001
Total area 105,820 SF
Lot 6.08 ac (264,845 SF)
Zoning code IH
APN 1723.12-77-8358 0283632
UPID US53-0814058

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
  • Big Box & Wholesale Store Electronics & Wireless Store
  • Hardware & Home Improvement HVAC Service
  • HVAC Service General Contractor

Location

4000 Business Park Dr Raleigh, NC 27610-0103
Raleigh metro Census 54106 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$12.66M
Comparable Approach Comparable
$14.24M
Blend (final) Blend
$14.59M

Owner & transaction history

Zoning & alternative use

IH · Raleigh, NC
Zoning description

Heavy Industrial (IH) The IH District is intended to accommodate high-impact manufacturing, industrial or other uses, including extractive and waste-related uses, which are not properly associated with or are not compati…

General category MIXED_USE

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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