600 Irving Pkwy Holly Springs, NC 27540
- Warehouses
- 38,400 SF
- 8.53 lot acres
Current Use by Public Records
- ASI Signage, North Carolina / (Bike/Boat/Book/etc) Store / Printing Service
- Cameron Woods HOA / Park
Property Details for 600 Irving Pkwy
- Year built
- 1997
- Construction
- CONCRETE BLOCKS
- Lot size
- 8.53 lot acres
- Property size
- 38,400 SF
- Zone code
- RT
- Property type
- Warehouses
- APN
- 0649.03-32-9207 0346063
- APU
- 649033292070346063
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,975,000
- 6.5%
- $4,590,000
- 7%
- $4,265,000
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Location Insight
- Map
- Local Demand
- City
- Holly Springs
- County
- Wake
- State
- North Carolina
- Longitude
- -78.8522
- Latitude
- 35.6521
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA