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Rabbit Run 7201 Rabbit Run

2,200 SF Vacant Office Building Wake Forest, NC 27587 £1,486,655 (£676/SF)

Investment Highlights

  • Geat Location, near US#1 and New HWY 98
  • 3 acres, GREAT Place for Assisted Living
  • Visual from HWY, with frontage on old Hwy 98

Executive Summary

3 Acres, Fronts on Old Hwy 96 West (200 plus feet, with access) and Rabbit Run. 1/4 Mile from NEW Hwy 98 to the west, 3/4 Mile to US#1 to the East.
Great Location for Medical, Convalescent Home, Assisted Living, BANK, ZONED working on Zoning to NB!

Financial Summary (Actual - 2020)

Annual Annual Per SF
Gross Rental Income £28,168 £12.80
Other Income - -
Vacancy Loss - -
Effective Gross Income £28,168 £12.80
Net Operating Income - -

Financial Summary (Actual - 2020)

Gross Rental Income
Annual £28,168
Annual Per SF £12.80
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £28,168
Annual Per SF £12.80
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Office
Property Subtype
Medical
Building Size
2,200 SF
Building Class
C
Year Built
1983
Price
£1,486,655
Price Per SF
£676
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
2,200 SF
Building FAR
0.02
Lot Size
3.00 AC
Zoning
R-40W - 3 Acres, working on Rezoning to NB
Parking
4 Spaces (1.82 Spaces per 1,000 SF Leased)
1 of 1
(919) 605-8733

Contact

  • Craig Rooth
    Craig Rooth
  • CJR Investments

  • Listing ID: 24471883

  • Date on Market: 11/11/2021

  • Last Updated:

  • Address: 7201 Rabbit Run, Wake Forest, NC 27587

The Office Property at 7201 Rabbit Run, Wake Forest, NC 27587 is currently available for sale. Contact CJR Investments for more information.

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© 2024 CoStar Group

Rabbit Run | 7201 Rabbit Run
(919) 605-8733 x

Rabbit Run | 7201 Rabbit Run

Craig Rooth

(919) 605-8733

(919) 605-8733

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