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    FOR LEASE
    Industrial properties

    920 E Raleigh St, Siler City, NC 27344

    119,044 SF 8.31 ac lot Built 1976
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US53-1997170
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 920 E Raleigh Street in Siler City, North Carolina, offers a substantial 117,641 square feet of warehouse and distribution space. Built in 1976, the building is currently fully vacant and available for lease to multiple tenants. The property boasts a flexible layout, with a minimum divisible space of 50,000 square feet and the option to lease the entire 117,641 square feet contiguously. Ceiling heights range from 12 to 22 feet, providing ample vertical clearance for various storage and operational needs. The property features five loading docks and two drive-in doors, ensuring efficient loading and unloading of goods. Power is robust, with a 6,000 amps/480-volt supply. The property is zoned for Light Industrial use within the Siler City ETJ (Extra Territorial Jurisdiction) in Chatham County, NC, and is conveniently located at 920 E Raleigh St, Siler City, NC 27344 (35.7278565, -79.4506454). This presents a unique opportunity for businesses seeking a large, well-equipped warehouse space in a strategic location. The property's size and features make it ideal for a variety of industrial and distribution operations. Contact us today to learn more about leasing opportunities.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1976
    Construction STEEL FRAME
    Total area 119,044 SF
    Lot 8.31 ac (361,940 SF)
    Zoning code L-I
    APN 16862
    UPID US53-1997170
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.80M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.80M
    Owner & transaction history
    Hunt Property Investments LLC · 2 yrs held
    Hunt Property Investments LLC
    since 2024
    Last sale
    $3.8M
    3 recorded transactions
    2024
    $3.8M
    2012
    $150,000
    2006
    $970,000
    Zoning & alternative use
    L-I · Siler City, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $5.2M +44.2%
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    More about this property
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