Property profile

8001 Knightdale Blvd Knightdale, NC 27545

OFF-MARKET
Manufacturing properties
Property ID
US53-1327582
270,060 SF 59.16 ac lot Built 1972
Entity Owned 12-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, totaling 416,379 square feet, presents a significant opportunity. Located in East Point, this multi-tenant facility boasts 90,000 square feet of immediately available warehouse and manufacturing space. Built in 1972 and extensively renovated in 2023, the three-story building features a remarkable 25-foot ceiling height, ideal for various industrial uses. The property sits on a substantial 59.16-acre lot with prominent frontage on Knightdale Boulevard, offering excellent visibility and accessibility. Ample parking is provided with 820 spaces available for employees and trucks. The site benefits from a strategic location, just 2.5 miles from I-87 and 3.2 miles from I-540, ensuring seamless transportation. Power is robust, with a 3000-amp capacity, further enhanced by an on-site 236 kV Duke Energy substation, supporting a total building capacity of 15MW. The building's infrastructure includes a comprehensive bus duct system, providing power on demand. The property is zoned MI and has a signalized entry, adding to its operational efficiency. This former US manufacturing headquarters for Square D | Schneider Electric offers a unique blend of history and modern upgrades, making it an ideal location for a variety of industrial businesses.

Property profile

Verified
Property type Manufacturing properties
Use group HEAVY MANUFACTURING
Year built 1972
Construction METAL FRAME
Total area 270,060 SF
Lot 59.16 ac (2,577,010 SF)
Zoning code MI
APN 1754.08-99-8841 0082899
UPID US53-1327582

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
  • Industrial Manufacturer Production Facility
  • Electric Vehicle Charging Station

Location

8001 Knightdale Blvd Knightdale, NC 27545-9023
Knightdale metro Census 54112 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$26.59M
Comparable Approach Comparable
$13.52M
Blend (final) Blend
$19.79M

Owner & transaction history

since 2014
5 recorded transactions
2017
Price N/A
2014
Price N/A
2014
$8.0M
2006
$12.5M
1969
Price N/A

Zoning & alternative use

MI · Knightdale, NC
Zoning description

12. Manufacturing and Industrial (MI) 13. Mining and Quarrying (MQ) Click a Chapter Section to jump to that page. l 2.1. 2.2. 2.3. 2.4. 2.1. Town of Knightdale Chapter 2 - Establishment of Districts Knightdale Next UDO U…

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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