228-233 Technology Park Ln, Fuquay-Varin

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228-233 Technology Park Ln, Fuquay-Varin

Fuquay-Varina, NC 27526
Asking Price
$1.25M
Asset Type
Land
Class
Class B

What's Special

Located at 228-233 Technology Park Lane in Fuquay-Varina, North Carolina, this land asset is situated within a developing industrial and business corridor. The property offers proximity to major regional thoroughfares, including US-401 and NC-55, facilitating transit to Raleigh and the wider Research Triangle area. The surrounding neighborhood features a mix of established light industrial facilities, suburban residential developments, and essential local amenities such as retail centers and dining options. The property’s zoning and strategic position make it an ideal site for light industrial development, flex-space facilities, or professional office complexes. Typical tenants for this location include logistics providers, specialized trade contractors, and small-scale manufacturing firms seeking a suburban operational base. This site provides a functional opportunity for developers looking to serve the growing commercial demand in southern Wake County.

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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184

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