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    16001 Royal Crk Dr Raleigh, NC

    For Lease
    Contact for pricing

    Commercial land available for ground lease, purchase, or build-to-suit.

    Lot size:
    1.34 Acres

    Property Features for 16001 Royal Crk Dr

    General Information

    Lot size
    1.34 Acres

    Source: Cambridge Properties, Inc. Agent Meredith Richmond

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Parcel in Multi-Use Development

    This commercial parcel is part of Royal Creek, a multi-use development spanning over 50 acres in Fuquay-Varina. The community includes 56 single-family homes, 109 townhomes, and 250 multi-family homes. Two commercial parcels have already been leased to Heartland Dental and WakeMed. One remaining parcel is available for ground lease, purchase, or build-to-suit.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5547283
    Latitude
    35.7482425

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    FAQs

    What type of property is this?
    Commercial land - Commercial land available for ground lease, purchase, or build-to-suit.
    Where is this commercial land located?
    The property is located at 16001 Royal Crk Dr Raleigh, NC.
    What are key features of this property?
    This property features: - Multi-use development featuring single-family homes, townhomes, multi-family homes, and commercial parcels.; - Located in Fuquay-Varina on over 50 acres.; - Two commercial parcels are leased to Heartland Dental and WakeMed.
    (704) 589-0950
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    16001 Royal Crk Dr Raleigh, NC
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    Raleigh, NC
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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
    16001 Royal Crk Dr Raleigh, NC
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