Property profile

600 Irving Pkwy Holly Springs, NC 27540

FOR LEASE
Warehouses
Property ID
US53-5651125
38,400 SF 8.53 ac lot Built 1997
Entity Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 44,960 square foot freestanding building presents a unique opportunity in Holly Springs, NC's burgeoning Raleigh-Durham submarket. Located at 600 Irving Parkway, this Class B property boasts a desirable single-tenant occupancy, offering significant flexibility for a variety of uses. The building features a spacious layout, ideal for office and industrial operations, with a substantial 25-foot ceiling height. The property includes three dock-high doors, facilitating efficient loading and unloading. Ample parking is provided with 76 spaces. Built in 1997, this two-story structure sits on a generous 8.523-acre lot, offering significant expansion potential. The robust power infrastructure includes 480-volt power with four transformers and a 1200-amp capacity. This property is perfectly situated within Wake County, offering easy access to major transportation arteries and the vibrant Raleigh-Durham area. The building's size and features make it suitable for a wide range of businesses seeking a prominent location in a rapidly growing market. The entire 44,960 square feet is currently vacant, providing immediate occupancy for the right tenant. This is a rare opportunity to acquire a substantial, well-located freestanding building in a highly sought-after area.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1997
Construction CONCRETE BLOCKS
Total area 38,400 SF
Lot 8.53 ac (371,567 SF)
Zoning code RT
APN 0649.03-32-9207 0346063
UPID US53-5651125

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 Printing Service
  • Park

Location

600 Irving Pkwy Holly Springs, NC 27540
Holly Springs metro Census 53208 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
by Request

Owner & transaction history

since 2025
Last sale
$9.8M
7 recorded transactions
2025
$9.8M
2018
Price N/A
2018
$3.3M
2006
Price N/A
2006
$2.0M
2005
$140,000
1969
Price N/A

Zoning & alternative use

RT · Holly Springs, NC

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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