Technical
Financial
Distress signals
Property profile

5107 Unicon Dr E E Ste Wake Forest, NC 27587

OFF-MARKET
Warehouses
Property ID
US53-2417748
1,000 SF 0.01 ac lot Built 2001
Individually Owned 20-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,000-square-foot commercial property in Wake Forest, North Carolina, presents a rare turn-key opportunity. Located at 5107 Unicon Drive, Suites L & M, this Class B building offers a unique blend of office and flex space, ideal for a variety of businesses. The property is currently vacant and priced at $495,000. The space is divided into two 1,000-square-foot suites. Suite M boasts a fully equipped, FDA-approved kitchen featuring a hood system, grease trap, three-bowl sink, and a mini-split system, along with additional attached equipment. Suite L is perfectly suited for packing, shipping, and storage, complemented by an office, restroom, and a mezzanine that occupies approximately 50% of the unit's upper level. This versatile property in Wake County (zip code 27587) offers significant advantages for businesses seeking a ready-to-use space with specialized features. The combination of a fully functional kitchen and flexible storage/office space makes this a truly unique investment opportunity. Don't miss this chance to acquire a highly functional and rare commercial property in a desirable location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Construction METAL FRAME
Total area 1,000 SF
Lot 0.01 ac (436 SF)
Zoning code LI
APN 1739.04-62-8690 0293271
UPID US53-2417748

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
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Home Health Care Service
  • Industrial Manufacturer Production Facility
  • Laboratory
  • Home Decor Store Department Store

Location

5107 Unicon Dr E E Ste Wake Forest, NC 27587-5020
Wake Forest metro Census 54220 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2005
1 recorded transaction
2005
$91,000

Zoning & alternative use

LI · Wake Forest, NC
Zoning description

The Light Industrial District is established to accommodate externally benign industrial and office uses that pose little nuisance to adjacent residential or mixed-use areas

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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