Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7416 Forestville Rd Knightdale, NC 27545

    For Sale
    $1,100,000

    Corner lot near fire station, ideal for various commercial ventures.

    Property size:
    2 SF
    Lot size:
    2.24 Acres

    Property Features for 7416 Forestville Rd

    General Information

    Standard status
    Active
    Size
    2 SF
    Lot size
    2.24 Acres

    Building Details

    Year built
    1974

    Source: EXP REALTY LLC Agent MARTI HAMPTON

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

    Overview

    Prime Commercial Land Opportunity

    This commercial property is a 2-acre corner lot situated on a bustling road, offering significant potential for various businesses, including medical offices, retail spaces, or restaurants. It is located within a thriving Planned Unit Development (PUD), benefiting from the presence of successful businesses and enhanced amenities, creating a vibrant environment for locals and visitors. The PUD development is expected to ensure a steady flow of potential customers and opportunities for collaboration with neighboring businesses. A notable feature of this property is its strategic location across the road from the fire station, which is expected to guarantee a constant stream of activity and foot traffic, enhancing business prospects. The property is currently not within city limits but is expected to be annexed within the month. This property can be purchased with 949 Old Knight Rd, Knightdale NC 27545
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -78.4749961
    Latitude
    35.8044193

    Nearby Similar for Sale

    • Contact for pricing
      72,600 SF

      Knightdale Industrial Park Development

      New industrial park with flexible space near major routes.
      Hinton Oaks Blvd, Knightdale, NC 27545
      View Details
    • $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
      View Details
    • Contact for pricing

      Retail Space in Knightdale

      Retail property available for sale in Knightdale, North Carolina.
      Knightdale, NC 27545
      View Details
    • $2,400,000
      7,527 SF

      Knightdale Office Building Investment

      Thriving location, high-return potential.
      101 Forest Dr, Knightdale, NC 27545
      View Details

    FAQs

    What type of property is this?
    Commercial land - Corner lot near fire station, ideal for various commercial ventures.
    Where is this commercial land located?
    The property is located at 7416 Forestville Rd Knightdale, NC.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - High-traffic location on a bustling corner, ideal for businesses.; - Situated within a thriving Planned Unit Development (PUD) with successful businesses and enhanced amenities.; - Strategic positioning across the road from the fire station, ensuring constant activity and foot traffic.
    (888) 584-9431
    Request Owner's contact information
    7416 Forestville Rd Knightdale, NC 27545
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7416 Forestville Rd
    Knightdale, NC 27545
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    7416 Forestville Rd Knightdale, NC 27545
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.