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10 Acres Development Opportunity
For Sale
$2,350,000
Pending

8001 Caddy, Raleigh, NC 27603

10-acre parcel near Raleigh with development potential and pond.

Property SizeContact for details
Lot Size10.99 Acres
Days on Market162

Property Features for 8001 Caddy

General Information

Standard status Pending
Lot size 10.99 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $3,086
Listing Agency: COMPASS -- RALEIGH
Listed By: MARIANNE MANSOUR · License #285588
Source: Corcoran
Added: Mar 3 Changed: Aug 8 Last Checked: Jul 23 at 8:41AM

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 COMPASS -- RALEIGH

Investment Insights

Based on property information with market context.

Available is a 10-acre parcel presenting a development opportunity in the high-growth southern Wake County corridor, near the Raleigh/Garner line. Located within Garner jurisdiction, the site benefits from its proximity to I-40 and the future Complete 540 outer loop, slated for completion in 2028. The area is experiencing expanding industrial and residential growth south of Raleigh. The tract includes a pond, offering placemaking potential. This existing pond could serve as an amenity anchor for walking paths, community green space, or premium lot positioning. Southern Wake County is attracting logistics, distribution, and light industrial businesses, which is driving housing demand within a convenient commuting distance. The property offers development flexibility and long-term upside within one of the Triangle's active growth corridors. It is currently zoned RA / R-4, with higher density potential. The site is located 10 miles from Downtown Raleigh.

Key Highlights

  • Development opportunity in high‑growth southern Wake County corridor near Raleigh/Garner line.
  • Proximity to I‑40 and the future Complete 540 outer loop (2028 completion date).
  • Existing pond/water feature creates immediate placemaking potential and amenity anchor.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Garden Center Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby

Demographics for 27603, NC

54,616
Population
24,030
Households
2.3
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
51.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$87,939
Median Household Income
$51,856
Median Earnings
$1,496
Median Rent
$347,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 10-acre parcel near Raleigh with development potential and pond.
Where is this commercial land located?
The property is located at 8001 Caddy Raleigh, NC.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Development opportunity in high‑growth southern Wake County corridor near Raleigh/Garner line.; Proximity to I‑40 and the future Complete 540 outer loop (2028 completion date).; Existing pond/water feature creates immediate placemaking potential and amenity anchor.
More about this property
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