Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4105 Commodity Pkwy Raleigh, NC 27610
    Back to Search
    Property profile & analytics

    4105 Commodity Pkwy, Raleigh, NC 27610

    View on Map
    • Distribution centers
    • 114,565 SF
    • 9.68 lot acres
    Off-Market
    Property ID
    US53-0584696
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $16,625,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Distribution centers

    Property Details for 4105 Commodity Pkwy

    Year built
    2005
    Construction
    CONCRETE
    Lot size
    9.68 lot acres
    Zone code
    IH
    Property type
    Distribution centers
    APN
    1723.08-88-5304 0283075
    APU
    1723088853040283075

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 26, 2017 — Dillon Supply Co — Grant Deed · related $25M · Branch Bk&tr
    Mar 1, 2005 $1,506,500 Dillon Supply Co Duke Realty Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $14,840,000
      6.5%
      $13,700,000
      7%
      $12,720,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $16,764,000
      Market price range: $4.93M - $19.4M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $24,540,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5669
    Latitude
    35.778
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $159,728
    $3,571,192
    $14,820,003
    $18,391,195
    -
    $3,571,192
    $14,820,003
    $18,391,195

    Comparable in this City

    • Value Estimation
      $21,915,000
      150,000 SF

      4200 Global St

      DISTRIBUTION WAREHOUSE
      4200 Global St, Raleigh, NC 27610-2793
      View Details
    • Value Estimation
      $13,675,000
      101,640 SF

      4115 Commodity Pkwy

      DISTRIBUTION WAREHOUSE
      4115 Commodity Pkwy, Raleigh, NC 27610-2973
      View Details
    • Value Estimation
      $23,675,000
      159,600 SF

      221 Rogers Ln

      DISTRIBUTION WAREHOUSE
      221 Rogers Ln, Raleigh, NC 27610-7912
      View Details
    • Value Estimation
      $8,470,000
      73,394 SF

      111 Rogers Ln

      DISTRIBUTION WAREHOUSE
      111 Rogers Ln, Raleigh, NC 27610-4385
      View Details
    • Value Estimation
      $17,810,000
      117,000 SF

      420 Civic Blvd

      DISTRIBUTION WAREHOUSE
      420 Civic Blvd, Raleigh, NC 27610-2967
      View Details
    • Value Estimation
      $15,810,000
      123,210 SF

      3070 Business Park Dr

      DISTRIBUTION WAREHOUSE
      3070 Business Park Dr, Raleigh, NC 27610-3591
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      25,500 SF

      Versatile 25,000 SF Facility

      Adaptable 25,000 SF building suitable for diverse commercial uses.
      4400 Old Poole Rd, Raleigh, NC 27610
      View Details
    • $4,899,000
      25,500 SF

      Versatile Commercial Facility in Raleigh

      25,000 sq ft facility suitable for diverse uses.
      4400 Old Poole Rd, Raleigh, NC 27610
      View Details
    • $365,000
      1.24 Acres

      Raleigh Mixed-Use Development Opportunity

      1.24 Acres, Prime Location, High Potential
      1201 Plainview Dr, Raleigh, NC 27610
      View Details
    • Contact for pricing
      3,319 SF

      Chase Bank Ground Lease Opportunity

      New 15-year NNN lease with corporate tenant JP Morgan Chase.
      5160 New Bern Ave, Raleigh, NC 27610
      View Details
    • Contact for pricing

      Raleigh Land Parcel For Sale

      Almost 3-acre corner lot zoned IX-3 on South New Hope Road.
      651 S New Hope Rd, Raleigh, NC 27610
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr

      Raleigh Industrial Space For Lease

      Industrial space for lease in Raleigh, available June 2026.
      5080 Trademark Dr, Raleigh, NC 27610
      View Details
    • $12 SF/Yr
      13,862 SF

      Warehouse with Outdoor Storage/Parking

      13,862 SF warehouse with outdoor storage/parking near major intersections.
      900 Freedom Dr, Raleigh, NC 27610
      View Details
    • $2,025 /Mo
      25,500 SF

      Versatile Commercial Facility in Raleigh

      25,000 sq ft facility suitable for diverse uses.
      4400 Old Poole Rd, Raleigh, NC 27610
      View Details
    • Contact for pricing

      Raleigh Industrial Space For Lease

      78,956 SF industrial space near I-87 & I-440.
      900 Freedom Dr, Raleigh, NC 27610
      View Details
    • Contact for pricing
      5,200 SF

      Retail Space in Edgewater Place

      Retail space in a busy shopping center near Raleigh.
      1030 North Rogers Ln, Raleigh, NC 27610
      View Details
    • $17 SF/Yr

      Raleigh Specialty Property For Rent

      Specialty commercial property available for rent in Raleigh, North Carolina.
      3908 Memo Ct, Raleigh, NC 27610
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4105 Commodity Pkwy
    Raleigh, NC 27610
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4105 Commodity Pkwy, Raleigh, NC, 27610
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!