This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Rabbit Run 7201 Rabbit Run

2,200 SF Vacant Office Building Wake Forest, NC 27587 $2,668,892 CAD ($1,213 CAD/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 (CAD) Annual Per SF (CAD)
Gross Rental Income $50,630 $23.01
Other Income - -
Vacancy Loss - -
Effective Gross Income $50,630 $23.01
Net Operating Income - -

Financial Summary (Actual - 2020)

Gross Rental Income (CAD)
Annual $50,630
Annual Per SF $23.01
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $50,630
Annual Per SF $23.01
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
2,200 SF
Building Class
C
Year Built
1983
Price
$2,668,892 CAD
Price Per SF
$1,213 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,200 SF
Building FAR
0.02
Land Acres
3.00 AC
Zoning
R-40W - 3 Acres, working on Rezoning to NB
Parking
4 Spaces (1.82 Spaces per 1,000 SF Leased)
  • Listing ID: 24471883

  • Date on Market: 2021-11-11

  • Last Updated:

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

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}