101 Petfinder LnRaleigh, NC 27603
- Industrial properties
- 8,136 SF
Property Details for 101 Petfinder Ln
- Year built
- 2004
- Construction
- CONCRETE BLOCKS
- Lot size
- 8.13 AC
- Property size (Sq ft)
- 8,136 SF
- Zone code
- LI
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 1702.17-00-9864 0304659
- APU
- 1702170098640304659
Description
This exceptional Raleigh investment opportunity encompasses a fully leased, 18,800-square-foot commercial property situated on a generous 8.13-acre lot. The property consists of two buildings strategically located near the intersection of Tryon Road and Highway 401/Highway 70, offering excellent accessibility and visibility. One building, totaling 8,300 square feet, functions as a flexible office/flex space, while the second building provides 10,500 square feet of warehouse/laydown area. Both buildings are currently under lease, generating consistent income for the investor. The property benefits from city water and sewer services and is zoned for industrial use, providing versatility and potential for future development. The asking price for this turnkey investment is $6,700,000. This property presents a rare chance to acquire a high-performing, fully leased commercial complex in a prime Raleigh location, offering immediate return on investment and long-term growth potential. The convenient location and substantial lot size provide significant advantages for both current operations and future expansion possibilities. The combination of office and warehouse space caters to a diverse range of potential tenants, ensuring sustained occupancy and rental income. This is an exceptional opportunity for investors seeking a stable and profitable addition to their portfolio.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,257,316
- Hospitality
- $2,067,689
- Educational
- $1,720,293
- Medical
- $1,779,457
- Retail
- $2,676,012
Location Insight
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Latitude
- 35.7302
- Longitude
- -78.6598
- 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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