Entity Owned Property summary
This exceptional 246,079-square-foot manufacturing and warehouse facility presents a rare turnkey opportunity in North Carolina's Research Triangle Region. Located on approximately 71.72 acres along US Highway 501 in Timberlake, this Class B property boasts 17 dock-high doors, impressive ceiling heights ranging from 23 to 31 feet, and ample outdoor storage (approximately 1.5 acres, expandable). The facility features a sleek, two-story office building, high electrical capacity, and all… utilities readily available. Employee amenities are extensive, including over 400 parking spaces, separate visitor parking, restrooms in all work areas, locker rooms with showers, modern training facilities, multiple conference rooms, a large employee breakroom with covered outdoor seating, and kitchenettes in office areas. A roughly 2,100 square foot building, previously used for corporate space and training, is also present and could be demolished. The property benefits from high visibility due to its location on US-501, which has an average daily traffic count of 17,500. A significant mezzanine area of approximately 1,444 square feet adds to the functional space. The property's strategic location is just two miles from the Raleigh Regional Airport at Person County, a general aviation airport capable of handling cargo aircraft. Its proximity to Piedmont Community College's new Center for Health, Advanced Technology, and Trades (opening Fall 2024) further enhances its appeal. The property was built in 1994 and underwent renovations in 2016 and 2019. The asking price is $32,309,000, with a price per square foot of $131.30. The property is currently vacant and zoned GI (General Industrial).
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
3 recorded sales · 5 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 70,600 SF
- Lot area
- 27.82 ac
- Year built
- 1994
- Stories
- 1
- APN
- A52 127
- Assessed value · 2024
- $8,335,289
- Annual tax · 2024
- $65,162
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
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