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    101 Forest Dr Knightdale, NC 27545

    For Sale
    $2,400,000

    Thriving location, high-return potential.

    Property size:
    7,527 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 7,527 square foot office building presents a remarkable investment opportunity in the rapidly growing town of Knightdale, North Carolina. Situated on a 1.42-acre lot with prominent road frontage on a main thoroughfare, this multi-unit property offers unparalleled accessibility and visibility. The building boasts ample private parking, a mix of asphalt and gravel surfaces, catering to the needs of tenants and visitors. The interior layout is versatile, featuring individual office spaces, dedicated conference rooms, and expansive open work areas, providing flexibility for a variety of business needs. Significant improvements have been implemented over the past four years, ensuring the property is well-maintained and ready for immediate occupancy. Currently, the building houses tenants on short-term leases, presenting an ideal scenario for an investor seeking to maximize rental income or a business owner looking to establish a presence in a prime location. Its proximity to Raleigh and easy access to major highways further enhance its appeal. This turnkey investment is poised for strong returns in a thriving market. The property's size, location, and current tenant occupancy make it an attractive proposition for both investors and owner-occupiers.

    Property Features for 101 Forest Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,527 SF
    Lot Size
    61,855 SF

    Building Details

    Year Built
    1981
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Voyage Anesthesia, PC Employment Agency East Wake Home ... Home Health Care Service Ronica's Custom Creations Window Treatment Store Work at Station Coworking Space Winding Stream Massage ... Massage Therapist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Knightdale
    County
    Wake
    State
    North Carolina
    Longitude
    -78.47892
    Latitude
    35.79917

    Nearby Comparable

    • Contact for pricing

      Retail Space in Knightdale

      Retail property available for sale in Knightdale, North Carolina.
      Knightdale, NC 27545
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    • $1,600,000
      1.16 Acres

      Knightdale Commercial Land For Sale

      1.16 acre HB zoned lot near Downtown North development.
      7317 Knightdale Blvd, Knightdale, NC 27545
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      12.15 Acres

      Knightdale Blvd Commercial Land

      12.15 Acres, Prime Location
      7316 Knightdale Blvd, Knightdale, NC 27545
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    • $2,500,000
      4.39 Acres

      Knightdale Vacant Land For Sale

      4.39 acre vacant parcel with utilities in Knightdale, NC.
      704 Old Knight Rd, Knightdale, NC 27545
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    • $1,100,000
      2 SF

      Prime Commercial Land Opportunity

      Corner lot near fire station, ideal for various commercial ventures.
      7416 Forestville Rd, Knightdale, NC 27545
      View Details

    Nearby Similar for Sale

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      72,600 SF

      Knightdale Industrial Park Development

      New industrial park with flexible space near major routes.
      Hinton Oaks Blvd, Knightdale, NC 27545
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    • $200,000
      826 SF

      Charming Home with Modern Amenities

      Elegant home featuring stainless steel appliances and a walk-in closet.
      603 Pine Forest Trl, Knightdale, NC 27545
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    • Contact for pricing

      Retail Space in Knightdale

      Retail property available for sale in Knightdale, North Carolina.
      Knightdale, NC 27545
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    FAQs

    What type of property is this?
    Office Property / Space - Thriving location, high-return potential.
    Where is this office property / space located?
    The property is located at 101 Forest Dr Knightdale, NC.
    What is the asking price?
    The asking price for this property is $2,400,000.
    (919) 269-7439
    Request Owner's contact information
    101 Forest Dr Knightdale, NC 27545
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    Knightdale, NC 27545
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Forest Dr Knightdale, NC 27545
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