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224 Technology Park Ln

13,900 SF Flex Building Fuquay Varina, NC 27526 $2,780,000 ($200/SF)

Investment Highlights

  • Robust Infrastructure – Includes 208V 3-phase 1600-amp electricity for diverse uses.
  • Industrial Functionality – Features drive-through/around shop access and garage doors.
  • Quality Construction – Brick front with a newly added rear addition.
  • Versatile 13,900 SF Space – Dividable for multiple tenants with full climate-controlled HVAC
  • Prime Location – Easy access to I-540, I-95, and RDU Airport.
  • Rare Opportunity – Limited industrial market with low vacancy rates; owner may consider partial financing.

Executive Summary

Located in the thriving Technology Park Lane area, 224 Technology Park offers a unique opportunity to own a versatile light industrial and office property in a highly sought-after market with low vacancy rates. Spanning 13,900 square feet, the building features climate-controlled HVAC throughout, dividable office and shop space suitable for multiple tenants, and a brick front with a new rear addition. The property’s functional design includes drive-through or drive-around shop access, 208V 3-phase 1600-amp electricity, and garage doors that cater to a wide range of industrial and flex space users. With easy access to major transportation routes, including I-540, I-95, and RDU Airport, this property is perfectly positioned for growth. It represents a rare chance to acquire a well-maintained industrial property in a competitive market. Buyer will pay closing costs and any realtor fees, and the owner may consider partial financing.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Price $2,780,000
Price Per SF $200
Sale Type Owner User
Property Type Flex
Property Subtype
Light Manufacturing
  • Flex Research & Development
  • Industrial Manufacturing
  • Industrial Service
Building Class B
Lot Size 2.08 AC
Rentable Building Area 13,900 SF
No. Stories 2
Year Built/Renovated 2008/2023
Parking Ratio 1.73/1,000 SF
No. Drive In / Grade-Level Doors 2
Cross Streets Dickens Rd

Amenities

  • Fenced Lot

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0658.04-71-3209-000
Land Assessment
$207,725
Improvements Assessment
$1,631,255
Total Assessment
$1,838,980

zoning

Zoning Code LI (Brick Front, Ceiling in lower level 14 ft.)
LI (Brick Front, Ceiling in lower level 14 ft.)
  • Listing ID: 34049614

  • Date on Market: 12/2/2024

  • Last Updated:

  • Address: 224 Technology Park Ln, Fuquay Varina, NC 27526

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