920 Raleigh St Siler City, NC 27344
- Industrial properties
- 119,044 SF
- 8.31 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 920 Raleigh St
- Year built
- 1976
- Construction
- STEEL FRAME
- Lot size
- 8.31 lot acres
- Property size
- 119,044 SF
- Zone code
- L-I
- Property type
- Industrial properties
- APN
- 16862
- APU
- 16862
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,800,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,625,000
- 6.5%
- $3,885,000
- 7%
- $3,515,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,660,000
- Geo Method
- $3,545,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,330,000
- Retail
- $4,200,000
- Mixed-Use
- $3,730,000
- Hospitality
- $4,300,000
- Educational
- $4,260,000
- Residential Income
- $3,820,000
- Energy
- $3,935,000
- Income-Based Land
- $4,395,000
- Food Service
- $3,745,000
Location Insight
- Map
- Local Demand
- City
- Siler City
- County
- Chatham
- State
- North Carolina
- Longitude
- -79.4493
- Latitude
- 35.7272
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA