Knightdale Commercial Land For
7317 Knightdale Boulevard Knightdale, NC 27545
7317 Knightdale Boulevard, Knightdale, NC, 27545
$1,600,000
For Sale
$1,600,000
COMMERCIAL - Knightdale, NC
Property Size2,568 SF
Lot Size1.16 Acres
Price / SF$623.05
Days on Market408
Property Features for 7317 Knightdale Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- HB
- Standard status
- Active
- Size
- 2,568 SF
- Lot size
- 1.16 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Deed Book 018617, Page 00227, REID# 0033997, PIN# 1754269132
- Tax Annual Amount
- 5893
Building Details
- Year built
- 1972
Listing agency
Parrish Realty Company of Zebu
(919) 269-7439
Listed by
Brandon Griffin · License #354742
(252) 417-5890
Added: Jun 11, 2025 Updated: May 19 at 5:09PM Checked: Jul 23 at 8:06AM
MLS# 10102344
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1.16-acre lot, zoned HB, is located near the new mixed-use Downtown North development project. It features road frontage on 64 Business in Knightdale, North Carolina, and is situated minutes from 540. The property includes a home, which the owner will dispose of if needed. The Knightdale UDO provides information on conforming uses for this property.
Key Highlights
- 1.16 acre lot zoned HB (Highway Business)
- Prime location near the new 468‑unit Downtown North development
- Road frontage on 64 Business
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.3k | $27.00 |
| − Vacancy | −$4.2k | −$1.65 |
| EGI | $65.1k | $25.35 |
| − OpEx | −$19.5k | −$7.60 |
| NOI | $45.6k | $17.74 |
2,568 SF · lease $27.00/SF/yr · vacancy 6.12% · expense 30.00%
Alternative Uses
Best Use
Retail
$650.9K
$569.6K – $759.4K
NOI $45,565 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$733.2K
$641.6K – $855.4K
NOI $51,326 @ 7.0% cap · market cap 3.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - 1.16 acre HB zoned lot near Downtown North development.
Where is this commercial land located?
The property is located at 7317 Knightdale Boulevard Knightdale, NC.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 1.16 acre lot zoned HB (Highway Business); Prime location near the new 468‑unit Downtown North development; Road frontage on 64 Business
