Property profile

7416 Forestville Rd Knightdale, NC 27545

OFF-MARKET
Mixed-use properties
Property ID
US53-5334992
3.9 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 3.9-acre mixed-use property in Knightdale, North Carolina, presents a compelling redevelopment opportunity. Located at 7416 Forestville Rd, 27545, on a bustling corner lot, this site offers immense potential for a diverse range of businesses. Its strategic location within a thriving Planned Unit Development (PUD) ensures a vibrant environment with high foot traffic and a steady stream of potential customers. The property benefits from its proximity to successful businesses and enhanced amenities within the PUD, fostering collaboration and attracting both locals and visitors. A key advantage is its position directly across the road from a soon-to-be-completed EMS and fire station, guaranteeing consistent activity and visibility. This property is being sold with 949 Old Knight Rd., Knightdale, NC, further enhancing its overall value and development potential. The asking price for this significant redevelopment opportunity is $1,500,000. Ideal for medical offices, retail establishments, or restaurants.

Property profile

Verified
Property type Mixed-use properties
Lot 3.9 ac (169,884 SF)
UPID US53-5334992

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7416 Forestville Rd Knightdale, NC 27545
Knightdale metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7416 Forestville Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message