Retail Development Opportunity in Holly
For Sale
$4,400,000
1209 Piney Grove Wilbon Rd, Holly Springs, NC 27540
Prime land for retail development in a growing submarket.
Property Size616 SF
Price / SF$440,000
Days on Market268
Property Features for 1209 Piney Grove Wilbon Rd
General Information
Standard status
Active
Size
616 SF
Property subtype
Land
Building Details
Building Size
616 SF
Year Built
2005
Listing Agency:
Lee & Associates - Raleigh Durham
(919) 600-2397
Listed By:
Stone Alexander · License #319553
(919) 600-2397
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Aug 20
Last Checked: Aug 21 at 5:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Raleigh Durham
Investment Insights
Based on property information with market context.
This is a retail development opportunity situated within Holly Springs’ Extraterritorial Jurisdiction. The site, spanning approximately 10.43 acres, is currently zoned Rural Residential (RR). Future Land Use Plans designate it as Neighborhood Center (NC). The property is located near the new Holly Springs Park and across from the approved Elmsley subdivision in Fuquay-Varina, which will add 212 new homes to the area. The location offers quick access to US-1, NC-540, and major employment centers. The property benefits from strong market fundamentals, including rapid residential growth and top schools. Traffic counts on Piney Grove Wilbon Rd are 19,500 vehicles per day. The intended use is for a grocery-anchored retail development. An adjacent parcel of approximately 48.8 acres is available for possible expansion, offering developers the potential to enlarge the overall footprint and create a larger-scale residential subdivision or master-planned community. The adjacent parcel is not included in the current offering or sale price.
Key Highlights
- Prime retail development opportunity in a rapidly expanding submarket.
- Future Land Use designated as Neighborhood Center (NC), ideal for grocery‑anchored retail development.
- Located near the new Holly Springs Park and across from the approved Elmsley subdivision (212 new rooftops).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 27540, NC
44,302
Population
16,400
Households
2.7
Avg Household Size
35
Median Age
65%
College-Educated
95%
High-School Grad
48.0 sq mi
ZIP Area
923
Density / Sq Mi
$125,681
Median Household Income
$69,266
Median Earnings
$1,718
Median Rent
$474,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime land for retail development in a growing submarket.
Where is this commercial land located?
The property is located at 1209 Piney Grove Wilbon Rd Holly Springs, NC.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Prime retail development opportunity in a rapidly expanding submarket.; Future Land Use designated as Neighborhood Center (NC), ideal for grocery‑anchored retail development.; Located near the new Holly Springs Park and across from the approved Elmsley subdivision (212 new rooftops).
