1501 Sunrise AveRaleigh, NC 27608

  • Warehouses
  • 39,980 SF
For Lease
$10.50/SF/YR View listing

Property Details for 1501 Sunrise Ave

Year built
1954
Construction
CONCRETE BLOCKS
Lot size
3.08 AC
Property size (Sq ft)
39,980 SF
Zone code
IX-3
Property type
Warehouses
APN
1704.12-76-8853 0027438
APU
1704127688530027438

Description

This unique Raleigh property, The Junction at Five Points (1501 Sunrise Ave, 27608), offers 1,877 square feet of immediately available space in a 45,000 square foot building. Originally constructed in 1954 and extensively renovated in 2021, this single-story building boasts a blend of executive office and warehouse space. The 35,000 square feet of creative office and retail space is complemented by 10,000 square feet of ground-floor warehouse space featuring sprinkler systems and exterior roll-up doors for convenient loading and unloading. Ample surface parking is a significant advantage, a rarity for properties of this type. Located in the heart of Raleigh's Five Points neighborhood, just north of downtown, this adaptive reuse project offers a modern, updated space with a charming exterior makeover, including shade trees. Its convenient location near breweries like Nickelpoint and Neuse River Brewing adds to its appeal. The property's prime location at the corner of Carson Street and Sunrise Avenue in Wake County provides excellent accessibility.

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.8015
Longitude
-78.6363
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
$24,684
$1,554,873
$709,694
$2,264,567
-
$1,554,873
$709,694
$2,264,567

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