Log In/Sign Up
Your email has been sent.
951 Wendell Blvd
Wendell, NC 27591
Industrial Property For Sale
Investment Highlights
- Dynamic 106,000-SF industrial facility with ±32,000 SF in auxiliary buildings on 48 acres in the Raleigh MSA.
- Tilt-up concrete redevelopment potential with 24'–30’ ceilings on a flat site if the current structure is not suitable.
- Easy access to I-87, I-540, and Raleigh-Durham International Airport supports logistics and workforce reach.
- Rare heavy industrial zoning is ideal for developers seeking scarce entitlement and redevelopment opportunities.
- Varying ceiling heights from 12'–15’ (up to 17’ if drop ceiling is removed), functional shared amenities throughout.
- Owner-occupied 35,000 SF with a 3-year lease post-sale, plus rental income from a 12,784-SF tenant.
Executive Summary
Located at 951 Wendell Boulevard, this 48-acre industrial site presents a rare opportunity for investors and developers in the high-demand Raleigh MSA. The property features a 106,000-square-foot primary facility along with ±32,000 square feet of auxiliary structures not included in the primary square footage. Zoned for heavy industrial use—a rare and valuable entitlement—this site is ideal for users or developers seeking space for conditioned manufacturing, R&D, or high-bay distribution.
Currently improved with a flexible industrial layout, the building offers two dock-high doors, 12 to 15-foot ceiling heights (with areas up to 17 feet if drop-down ceilings are removed), and well-maintained shared common areas, including outdoor gathering and break spaces. For those considering new construction, the expansive lot size and topography allow for potential tilt-up concrete redevelopment with 24- to 30-foot clear heights, providing modern functionality while maximizing site utility.
Strategically located near Interstate 87, with proximity to Interstate 540 and Raleigh-Durham International Airport, the property is positioned for smooth logistics, workforce accessibility, and regional reach.
The current owner occupies 35,000 square feet and will sign a 3-year lease upon sale, offering immediate income and operational continuity. An additional 12,784 square feet is leased, delivering cash flow from day one. Investors will appreciate the site's versatility, redevelopment upside, and long-term strategic value in a market with limited heavy industrial availability.
Currently improved with a flexible industrial layout, the building offers two dock-high doors, 12 to 15-foot ceiling heights (with areas up to 17 feet if drop-down ceilings are removed), and well-maintained shared common areas, including outdoor gathering and break spaces. For those considering new construction, the expansive lot size and topography allow for potential tilt-up concrete redevelopment with 24- to 30-foot clear heights, providing modern functionality while maximizing site utility.
Strategically located near Interstate 87, with proximity to Interstate 540 and Raleigh-Durham International Airport, the property is positioned for smooth logistics, workforce accessibility, and regional reach.
The current owner occupies 35,000 square feet and will sign a 3-year lease upon sale, offering immediate income and operational continuity. An additional 12,784 square feet is leased, delivering cash flow from day one. Investors will appreciate the site's versatility, redevelopment upside, and long-term strategic value in a market with limited heavy industrial availability.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1978 |
| Property Subtype | Manufacturing | Parking Ratio | 4.36/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 3 |
| Lot Size | 48.44 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 106,000 SF | ||
| Zoning | MI - Industrial - Office, light industrial, light manufacturing, R&D, training center, call center, data center use, etc. | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 48.44 AC |
| Rentable Building Area | 106,000 SF |
| No. Stories | 1 |
| Year Built | 1978 |
| Parking Ratio | 4.36/1,000 SF |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | MI - Industrial - Office, light industrial, light manufacturing, R&D, training center, call center, data center use, etc. |
Amenities
- Conferencing Facility
- Security System
- Signage
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Property Taxes
| Parcel Number | 1774.01-38-9363-000 | Improvements Assessment | $13,863,801 CAD |
| Land Assessment | $1,754,491 CAD | Total Assessment | $15,618,292 CAD |
Property Taxes
Parcel Number
1774.01-38-9363-000
Land Assessment
$1,754,491 CAD
Improvements Assessment
$13,863,801 CAD
Total Assessment
$15,618,292 CAD
1 of 29
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
