1 Pari Dr - Specialty FOR SALE


Rosman, NC 28772
$30,000,000 USD
743-222-7030
1 Pari Dr, Rosman, NC for Sale
$30,000,000 USD
Specialty - FOR SALE
1/88
null | Request Cap Rate

1 Pari Dr
Rosman, NC 28772


HIGHLIGHTS

  • PARI is a state-of-the-art campus first built for NASA, ideal for institutional, lab research, quantum data, educational, or innovative private use.
  • 192-acre site comprising ±94,346-SF, 30+ buildings, including an admin/welcome center, library, exhibits, dorms/staff housing, and dining facilities.
  • Institutions like NASA and the NSA have invested over $240M in infrastructure at the site with future scalability potential (incl. power and fiber).
  • Scientific and technological assets include 25+ optical telescopes, a planetarium, dish antennas, data centers, laboratories, radio arrays, and more.
  • Superior utilities with 5 wells (80 gal/min), up to 45 MW power, 106 fiber strands (multi-directional entries), 4 generators, and 37 transformers.
  • Please contact Tammy, Robbie, or Brendan via phone or email at 336 681-0861 tdixon@naipt.com

OVERVIEW

Nestled in North Carolina’s Blue Ridge Mountains, Pisgah Astronomical Research Institute (PARI) offers a rare, ready-made gateway to the stars. This scientific landmark is ready for next-gen use, from AI research and data archiving to aerospace communications, STEM education, and even quantum computing. Originally developed by NASA in the 1960s as part of the space race, this 192-acre campus helped capture the first images of Earth from space, and later, was used by the NSA during the Cold War as a key satellite communications hub. Today, the site is an International Dark Sky Park for public education, surrounded by over a half-million acres of protected national forest, ideal for astronomical observation and scientific research. But it’s not just that past that makes PARI extraordinary, it’s the future. Nearly a quarter-billion dollars of investment has primed PARI’s infrastructure to nurture the future’s innovators, technological breakthroughs, and connections to the stars. Located in an electromagnetically quiet zone, one of only about 100 in the world, PARI is decidedly positioned to leverage its institution-grade elements in an environment where few other sites can. Some of the scientific and technological highlights include two NASA-built dishes, two radio telescopes, Solar and Jupiter radio arrays, and an Eight-Meter Transient Array. Of the more than 25 optical telescopes, PARI features a Coronado Solarmax 40, Polaris 12-inch Cassegrain, SPACE 10-inch Cassegrain, and a 16-inch DFM Research Grade Telescope with a 7-inch Questar Finder Scope. Duke Energy provides underground power derived from nuclear and hydro sources, with a current capacity of 2MW, which can be expanded to 45MW. Uninterrupted power is ensured by four on-site generators and 37 transformers, plus a second substation can be added by Duke Energy. NCNC installed 53 pairs (106 total) of fiber strands that enter the site from three separate directions, with internet provided by ERC Broadband. Under the current owner, a nonprofit organization, PARI is utilized for STEM education, scientific research, data archiving, and facility rentals, events, and private programs. PARI has already fostered longstanding relationships with over 40 universities, including 17 institutions within the UNC system. Intriguing guests come from all around to check out PARI’s NASA heritage museum, library, classroom workshops, conference facilities, AdventureDome planetarium, space equipment control center, and a visitor-favorite radio telescope known as Smiley. Two cabins on the property are great to host events or serve as dormitories, and a 200-person cafeteria and commercial kitchen is capable of serving 500 meals per day. PARI is accessible year-round via paved roads, and the on-site helipad allows users to quickly drop in for mission-critical operations. This model outlines multifaceted revenue streams from educational tuition and grants, sponsorships, potential for AI/quantum data center development, ground station operations, and radio/optical telescope usage.

FOR SALE DETAILS

PRICE

$30,000,000 USD

PRICE/SF

$318 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Former Satellite Tracking Facility for NASA

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

192 AC

LAND SF

8,363,520 SF

ZONING

Unzoned

APN/PARCEL ID

8545-30-6278-000

ASK ABOUT THIS PROPERTY

Robbie PerkinsNAI Piedmont TriadMore Info
743-222-7030

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Robbie PerkinsNAI Piedmont TriadMore Info
743-222-7030

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.