5107 Unicon DrWake Forest, NC 27587

Property Details for 5107 Unicon Dr

Year built

2001

Construction

METAL FRAME

Lot size

0.01 AC

Property size (Sq ft)

1,000 SF

Zone code

LI

Property type

Warehouses

APN

1739.04-62-8690 0293271

APU

1739046286900293271

Description

This exceptional 2,000-square-foot commercial property in Wake Forest, North Carolina, presents a rare turn-key opportunity. Located at 5107 Unicon Drive, Suites L & M, this Class B building offers a unique blend of office and flex space, ideal for a variety of businesses. The property is currently vacant and priced at $495,000. The space is divided into two 1,000-square-foot suites. Suite M boasts a fully equipped, FDA-approved kitchen featuring a hood system, grease trap, three-bowl sink, and a mini-split system, along with additional attached equipment. Suite L is perfectly suited for packing, shipping, and storage, complemented by an office, restroom, and a mezzanine that occupies approximately 50% of the unit's upper level. This versatile property in Wake County (zip code 27587) offers significant advantages for businesses seeking a ready-to-use space with specialized features. The combination of a fully functional kitchen and flexible storage/office space makes this a truly unique investment opportunity. Don't miss this chance to acquire a highly functional and rare commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $593,953

  6.5%

  $548,264

  7%

  $509,103

• Comparable approach

  Method

  Valuation

  Relative Method

  $423,554

  Geo Method

  $367,264

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $271,551

  Mixed-Use / Specialty

  $263,020

  Hospitality / Lodging

  $183,124

  Office

  $253,581

  Institutional / Educational

  $270,733

  Residential Income

  $316,757

  Multifamily

  $421,825

  Automotive / Energy

  $232,056

  Parking / Income-Based Land

  $87,551.20

  Restaurant / Food Service

  $120,660

  Healthcare / Senior Housing

  $277,478

Location Insight

City

Wake Forest

County

Wake

State

North Carolina

Latitude

35.9269

Longitude

-78.5376

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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