209 Technology Park LnFuquay-Varina, NC 27526
- Industrial properties
- 10,400 SF
Property Details for 209 Technology Park Ln
- Year built
- 2001
- Construction
- METAL FRAME
- Lot size
- 1.84 AC
- Property size (Sq ft)
- 10,400 SF
- Zone code
- RLI
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 0658.04-60-9503 0274406
- APU
- 658046095030274406
Description
This exceptional 22,230-square-foot industrial flex building, located at 209 Technology Park Ln, Fuquay-Varina, NC 27526, presents a unique owner-user opportunity. Situated on a 1.84-acre lot in Wake County, this single-story Class B building boasts a desirable blend of warehouse, office, and potential retail space, perfect for diverse uses. Built in 2001 and renovated in 2012, the property features 18-foot ceilings, four loading docks, and one dock-high door, providing ample functionality. The RLI zoning allows for a variety of permitted uses. The building benefits from excellent highway access, serving the greater Triangle area. The current owner will require a short-term leaseback of 3-6 months, providing a smooth transition. This well-maintained property offers significant capital improvements and represents a rare chance to acquire a building below replacement cost in a thriving, low-vacancy industrial market. The property's previous tenant, Aviator Brewing, occupied the space for over a decade, highlighting its adaptability and appeal. The surrounding Technology Park Lane is home to a diverse range of industrial and flex businesses, reflecting the area's robust economic growth. This is an exceptional opportunity to capitalize on the strong demand for industrial space in a rapidly expanding market. The property's combination of warehouse, office, and potential retail space, along with its convenient location and ample loading capabilities, makes it an attractive investment for a wide range of businesses. The building is vacant and ready for occupancy on July 31, 2024.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,062,814
- Hospitality
- $2,805,521
- Educational
- $2,334,160
- Medical
- $2,414,436
- Retail
- $3,630,916
Location Insight
- City
- Fuquay Varina
- County
- Wake
- State
- North Carolina
- Latitude
- 35.6197
- Longitude
- -78.8085
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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