1904 New Hope Church RdRaleigh, NC 27609

  • Warehouses
  • 50,501 SF

Property Details for 1904 New Hope Church Rd

Year built
1973
Construction
METAL FRAME
Lot size
3.31 AC
Property size (Sq ft)
50,501 SF
Zone code
IX-3
Property type
Warehouses
APN
1715.07-68-2976 0173930
APU
1715076829760173930

Description

This exceptional 50,501 square foot flex space in Raleigh, NC, offers a prime location with easy access to I-440, I-540, and Capital Boulevard. The single-story, 1974-built building sits on a 3.43-acre lot and features 8 loading docks and 8 dock-high doors, complemented by a 20-foot ceiling height. The property boasts approximately 11,000 square feet of showroom space and approximately 39,501 square feet of warehouse space, ideal for a variety of industrial and flex uses. Its convenient location in Northeast Raleigh, just one mile from the 440 beltline, places it within the thriving Triangle region, benefiting from strong industrial growth, a robust job market, and the expanding Research Triangle Park. The property is zoned IX-3 and offers ample parking and building access with road frontage on New Hope Church Road and St. Albans Drive. This property is available for sale or lease on a NNN basis. The property's APN is 1715.07-68-2976-000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,011,396
    Hospitality
    $12,834,364
    Educational
    $10,678,040
    Medical
    $11,045,274
    Retail
    $16,610,285

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.8347
Longitude
-78.6077
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
$42,580
$1,297,656
$2,608,774
$3,906,430
-
$1,297,656
$2,608,774
$3,906,430

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