951 Wendell Blvd, Wendell, NC 27591
For Sale
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This exceptional 106,000-square-foot industrial property, located at 951 Wendell Blvd, Wendell, NC 27591, presents a unique investment opportunity. The single-story building, constructed in 1978, boasts a 15-foot ceiling height and is classified as Class C. Currently, 40,000 square feet of space is available for lease, ideal for manufacturing or research and development purposes. The property sits on 17 acres of land and is zoned MI, offering ample room for expansion or outdoor operations. The building features open workspaces and existing offices, providing flexibility for various business needs. The landlord is open to customizing the space to meet specific tenant requirements, including the installation of drive-in dock doors and additional bathrooms. Furthermore, the landlord is willing to subdivide the vacant space to accommodate smaller tenants seeking a more tailored solution. This property offers convenient access to Downtown Raleigh, situated approximately 20 minutes away, and provides ample parking for employees and visitors. This is a rare opportunity to secure substantial industrial space in a prime location within the Greater Raleigh area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MI · Wendell, NCWendell. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.