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Rogers Property 5624 NC 96 Hwy W

4,761 SF Office Building Youngsville, NC 27596 $7,900,000 ($1,659/SF)

Investment Highlights

  • Booming area, 2050 Upcoming US#!/Hwy 96 Interchange, will be visual from Ramp.
  • Conveinent to US#1, 1-85, Raleigh, Durham, Richmond, Henderson, I-95

Executive Summary

HUGE REDEVELOPEMENT POTENTIAL: BUILDING has Been Painted!!! Light BLUE!!!!
New Tilt-up Industrial Park, just South , down Long Mill ROAD( includes Double Wide rental totaling 10Acres 5622 & 5724 on Hwy 96, just Wrst of Hwy US#1) +...(Additional, Contiguous Land Available to the West... 10 Acre 5644 Hwy 96 Truck Yard)
10 Acres, adjacent to US#1/Hwy .Duke Hospital Owns 50 Acres 200 Yards North of these Properties
.current Truck Repair Shop, Double wide Trailer.
Land has Huge Potential, Land next door to the EAST is for sale for $1 mil. per Acre.
TRUCK TERMINAL NEXT DOOR, to the West, 6 Acres Also for SALE if NEEDED, $6,900,000.00.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $117,600 $24.70
Other Income - -
Vacancy Loss - -
Effective Gross Income $117,600 $24.70
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $117,600
Annual Per SF $24.70
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $117,600
Annual Per SF $24.70
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
4,761 SF
Building Class
C
Year Built
1986
Price
$7,900,000
Price Per SF
$1,659
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,761 SF
Building FAR
0.01
Lot Size
10.00 AC
Zoning
N B - Industrial, Truck Repair Shop on Property, NB, with Doublewide Trailer on Property
Parking
16 Spaces (3.36 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
006202
Land Assessment
$182,990
Improvements Assessment
$99,840
Total Assessment
$282,830
  • Listing ID: 24471837

  • Date on Market: 11/11/2021

  • Last Updated:

  • Address: 5624 NC 96 Hwy W, Youngsville, NC 27596

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