Raleigh-Durham News

Commercial Space at 8900 Capital Blvd. Sold for $11.5 Million

Alcove Team ยท 11/21/23

Commercial Space at 8900 Capital Blvd. Sold for $11.5 Million

Why It Matters:

This sale of a commercial space highlights the ongoing real estate market activity and the value of properties in the area.

The Details:

  • The commercial space at 8900 Capital Blvd. was built in 1995 and covers a 56.8-acre lot.

  • The single-story building features central A/C and central heating.

  • Ral Manufacturing LLC purchased the property from Pharmaceuticals Sagent on November 3, 2023.

  • The property was sold for $11,476,000.

Conclusion:

The sale of this commercial space demonstrates the continued investment in real estate and the potential growth in the area.