Property profile

600 Greenfield Pkwy Garner, NC 27529

OFF-MARKET
Distribution centers
Property ID
US53-1081933
61,048 SF 9.75 ac lot Built 2006
Entity Owned 14-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 61,792-square-foot warehouse, located at 600 North Greenfield Parkway in Wake County, presents a significant opportunity for industrial tenants. Currently fully vacant, the property offers a single-story building with a minimum divisible space of 30,790 square feet and a maximum contiguous space of 61,792 square feet, providing flexibility for various business needs. The warehouse boasts impressive features including a 21-foot clear ceiling height, allowing for efficient storage and operations. Access is facilitated by 11 dock-high doors and 3 drive-in doors, ensuring smooth loading and unloading processes. The building's layout includes a column spacing of 40 feet by 42 feet and a depth of 122 feet, optimizing space utilization. Modern amenities such as LED lighting and an ESFR sprinkler system are in place, enhancing both efficiency and safety. The property is I-2 zoned, offering a wide range of permitted uses. This prime location provides excellent access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics and distribution capabilities. Contact us today to learn more about this exceptional warehouse opportunity.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2006
Total area 61,048 SF
Lot 9.75 ac (424,710 SF)
Zoning code HI
APN 1720.08-99-0080 0340027
UPID US53-1081933

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
  • Engineering Consultant Engineer

Location

600 Greenfield Pkwy Garner, NC 27529-6947
Garner metro Census 52807 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.30M
Comparable Approach Comparable
$7.70M
Blend (final) Blend
$6.78M

Owner & transaction history

since 2011
1 recorded transaction
2011
$4.2M

Zoning & alternative use

HI · Garner, NC
Zoning description

The Heavy Industrial District is intended to provide for industrial uses that are, by their very nature, generally more noxious or offensive due to odors, smoke, dust, noise, fumes, or vibration. Operations may be inside…

General category INDUSTRIAL

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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