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Investment Highlights

  • Rare heavy industrial zoning with broad use flexibility.
  • 3-Phase Power On Site - Supports manufacturing, equipment-intensive users, and fabrication.
  • Expansion & Redevelopment Potential - Room for additional buildings or phased industrial development.
  • Immediate operational capability or income potential.
  • Ideal for contractor yard, outside storage, or regulated operations.
  • Strong Regional Access - Highway 98 & 39 connectivity to Raleigh, Wake Forest, Zebulon, I-95 and RDU.

Executive Summary

Pricing is being handled on an inquiry basis due to the rarity of heavy industrial zoning, scale of acreage, and existing infrastructure improvements.
This is not speculative land. It is a functional industrial campus with immediate usability and long-term expansion potential. Buyers should evaluate based on operational capability, entitlement value, and redevelopment optionality.
Ownership will consider qualified buyers with clear intended use and capital strategy. Additional materials, conceptual expansion discussions, and tours are available upon request.

Data Room Click Here to Access

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income $197,350 $4,197.14
Other Income - -
Vacancy Loss - -
Effective Gross Income $197,350 $4,197.14
Taxes - -
Operating Expenses $24,623 $523.68
Total Expenses $24,623 $523.68
Net Operating Income $172,726 $3,673.47

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $197,350
Annual Per AC $4,197.14
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $197,350
Annual Per AC $4,197.14
Taxes (CAD)
Annual -
Annual Per AC -
Operating Expenses (CAD)
Annual $24,623
Annual Per AC $523.68
Total Expenses (CAD)
Annual $24,623
Annual Per AC $523.68
Net Operating Income (CAD)
Annual $172,726
Annual Per AC $3,673.47

Property Facts

Price $2,205,024 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Contractor Storage Yard
  • Distribution
  • Hold For Development
  • Hold For Investment
  • Industrial Park
  • Lumberyard
  • Research and Development
  • Self Storage
  • Warehouse
Total Lot Size 47.02 AC
Year Built 1986
Zoning I 2 - I-2 Heavy Industrial (Bunn ETJ) permitting manufacturing, contractor yard, outside storage, salvage/recycling, and multi-tenant industrial uses.

1 Lot Available

Lot

Price $2,205,024 CAD
Price Per AC $46,895.45 CAD
Lot Size 47.02 AC

47.02± acre I-2 Heavy Industrial site in Bunn ETJ. Level, usable acreage with gated yard, outside storage capacity, and room for expansion. 3-phase power on site with nine existing buildings totaling 26,275 SF. Public sewer nearby.

Description

The property consists of 47.02± acres zoned I-2 Heavy Industrial within the Bunn ETJ and represents a rare opportunity to acquire a fully improved industrial campus rather than vacant entitled land. The property currently produces an estimated NOI of approximately $125,000 annually, with roughly 10,000± SF currently leased, creating in-place income while still preserving substantial flexibility for future owner-user expansion or redevelopment opportunities. The site includes nine existing buildings totaling approximately 26,275 square feet, providing immediate operational capability. Improvements include office space with a new roof, lab space with new siding and insulation, conference room, shop area, weigh station, storage structures, covered sheds, and dedicated exterior restrooms. The layout supports a variety of industrial configurations including yard operations, equipment storage, fabrication, and manufacturing. Utilities include 3-phase power, high-speed internet, water, and phone on site. Public sewer is located nearby. The property is gated and secure, making it well-suited for contractor yards, outside storage users, salvage or recycling operations, equipment-intensive businesses, or regulated industrial operators. The I-2 zoning allows for light to heavy manufacturing, multi-tenant industrial or flex development, contractor and equipment yards, outside storage, and salvage or recycling uses. Very few sites in the region combine heavy industrial entitlement, contiguous acreage, and existing improvements at this scale. From an investment perspective, the property offers multiple strategic paths: • Owner-user seeking a turnkey heavy industrial yard • Operator requiring scale and power infrastructure • Investor repositioning into a multi-building industrial campus • Redevelopment or phased expansion opportunity The site also supports additional building expansion beyond the current footprint, allowing long-term value creation. Located along NC Highway 98 with access to Highway 39, the property offers efficient regional connectivity to Raleigh, Wake Forest, Zebulon, I-95, and RDU Airport, supporting workforce access and distribution logistics. Pricing is available upon inquiry.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
000013
Land Assessment
$1,654,472 CAD
Improvements Assessment
$577,374 CAD
Total Assessment
$2,231,845 CAD
Annual Taxes
$0 CAD
Tax Year
2025
  • Listing ID: 39503132

  • Date on Market: 2026-02-20

  • Last Updated:

  • Address: 686 NC 98 Hwy W, Bunn, NC 27508

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