Listing Agency: m***@lee-associates.com Show Phone

Listed By: Moss Show Phone

Added: Jan 15, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This 1.1-acre commercial parcel is located in Wake Forest, North Carolina, within the Holding Village master-planned community, approximately 18 miles northeast of Raleigh. The property has frontage on S. Franklin Street, adjacent to Holding Lake and the neighborhood amenity center. The site offers views of the lake, making it suitable for a restaurant or bar. S. Franklin Street sees approximately 20,000 cars daily. The property is zoned NMX-CU, allowing for various commercial uses. A rough-graded pad will be provided for ground lease options. Holding Village is planned to include up to 1,350 residential units at full build-out.

Property Analytics

Current Use

Commercial land

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

257

Businesses Nearby

Explore this area Business Placement

Demographics for 27587, NC

76,647

Population

30,571

Households

2.5

Avg Household Size

40

Median Age

56%

College-Educated

96%

High-School Grad

105.1 sq mi

ZIP Area

729

Density / Sq Mi

$125,607

Median Household Income

$59,006

Median Earnings

$1,415

Median Rent

$452,400

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - 1.1-acre commercial parcel for sale or ground lease in Holding Village

Where is this commercial land located?

The property is located at 0 S Franklin St Wake Forest NC 27587 Wake Forest, NC.