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7411 Rex Rd 15,120 SF Industrial Building Chapel Hill, NC 27516 For Sale
INVESTMENT HIGHLIGHTS
- Proximity to employee housing, existing office/industrial users and retail amenities.
- Free-standing cross-dock, facility with ample paved parking spaces and dock-high loading doors.
EXECUTIVE SUMMARY
With the recent and planned neighboring mixed-use developments and the easy access off I-40 & NC Hwy. 86, the property is primely positioned for redevelopment. The current zoning allows a myriad of uses, opening the door for unlimited development potential. Having the opportunity to lease the existing building while getting the site entitled for redevelopment, creates an income stream for any developer looking to enter or expand into the Chapel Hill market
PROPERTY FACTS
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | Redevelopment Project | Year Built | 1988 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Distribution | Clear Ceiling Height | 24’ |
| Building Class | C | No. Dock-High Doors/Loading | 37 |
| Lot Size | 8.68 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 15,120 SF | ||
| Zoning | MU-OI-1 - Mixed Use, Office & Institutional | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 8.68 AC |
| Rentable Building Area | 15,120 SF |
| No. Stories | 1 |
| Year Built | 1988 |
| Tenancy | Single |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 37 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | MU-OI-1 - Mixed Use, Office & Institutional |
UTILITIES
- Water
- Sewer
1 1
PROPERTY TAXES
| Parcel Number | 9870883323 | Improvements Assessment | $583,878 CAD |
| Land Assessment | $2,167,551 CAD | Total Assessment | $2,751,429 CAD |
PROPERTY TAXES
Parcel Number
9870883323
Land Assessment
$2,167,551 CAD
Improvements Assessment
$583,878 CAD
Total Assessment
$2,751,429 CAD
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7411 Rex Rd
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