400 Gannon AveZebulon, NC 27597

  • Industrial properties
  • 46,391 SF
For Lease
$9.50/SF/YR View listing

Property Details for 400 Gannon Ave

Year built
1954
Construction
BRICK
Lot size
8.80 AC
Property size (Sq ft)
46,391 SF
Zone code
HI
Property type
Industrial properties
Property subtype
Other warehouses
APN
2705.10-46-8163 0066152
APU
2705104681630066152

Description

This exceptional industrial property in Wake County, North Carolina, offers a rare opportunity to lease warehouse space in a prime location. The property consists of four buildings totaling 148,004 square feet, situated on 10.67 acres of land. Currently, 32,000 contiguous square feet are immediately available, with a minimum divisible space of 10,000 square feet. The buildings, constructed in 1954, are well-maintained and feature desirable amenities. Each unit includes two dock doors and a convenient drive-in access point, streamlining loading and unloading operations. For enhanced safety and security, the entire building is equipped with a sprinkler system. Existing racking is in place, providing immediate storage solutions for tenants. This property presents a fantastic opportunity for businesses seeking efficient and well-appointed warehouse space in a thriving location. The property is located in Zebulon, NC, offering excellent access to major transportation routes and a strong local workforce. This is a multi-tenant building, providing a collaborative and dynamic environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,871,086
    Hospitality
    $11,789,845
    Educational
    $9,809,013
    Medical
    $10,146,360
    Retail
    $15,258,464
400 Gannon Ave, Zebulon, North Carolina

Location Insight

City
Zebulon
County
Wake
State
North Carolina
Latitude
35.8256
Longitude
-78.3084
CBSA code
39580
CBSA name
RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$37,212
$674,657
$2,345,787
$3,020,444
-
$674,657
$2,345,787
$3,020,444

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