Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Manufacturing properties

    951 Wendell Blvd, Wendell, NC 27591

    103,657 SF 45.85 ac lot Built 1978
    Entity Owned Free & Clear
    Property ID
    US53-1328275
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1978
    Total area 103,657 SF
    Lot 45.85 ac (1,997,226 SF)
    Zoning code MI
    APN 1774.01-38-9363 0056404
    UPID US53-1328275
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.34M
    Blend (final) Blend
    $6.95M
    Owner & transaction history
    VISHAY MEASUREMENTS GROUP INC
    VISHAY MEASUREMENTS GROUP INC
    Zoning & alternative use
    MI · Wendell, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message