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    Arendell Ave Zebulon, NC 27597

    Sponsored
    For Sale
    $2,380,000

    4.76 Acres, High Visibility, $2.38M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 4.76-acre commercial land parcel presents a compelling investment opportunity in the thriving town of Zebulon, North Carolina. Located in Wake County, with a precise address of North Arendell Avenue, zip code 27597, this property boasts unparalleled visibility from US Highway 64 and Arendell Avenue. Situated directly adjacent to a newly developed 7-Eleven store, this site benefits from high traffic counts and excellent exposure. The property's APN is 2705196519. The asking price is $2,380,000, translating to $500,000 per acre, reflecting the land's significant value and potential. Currently zoned for a use that would require rezoning for commercial development, this site is ideally positioned for a variety of commercial ventures. Its strategic location and high visibility make it an exceptional opportunity for businesses seeking a prominent presence in a rapidly growing area. The property is part of a larger 15.27-acre site, but this listing specifically focuses on the 4.76-acre Tract A. Detailed site maps are available upon request. This is a rare chance to acquire a prime commercial land parcel in a highly desirable location. Don't miss this opportunity to secure your place in Zebulon's vibrant commercial landscape.

    Property Features for 0 Arendell Ave

    General Information

    Property type
    Land
    Lot Size
    207,346 SF

    HighLights

    • 4.76‑acre commercial land parcel in Zebulon, NC.
    • High visibility from US Highway 64 and Arendell Avenue, adjacent to a new 7‑Eleven.
    • Wake County, NC; APN 2705196519; Address: North Arendell Avenue, 27597.
    • Asking price: $2,380,000 ($500,000/acre).
    • Requires rezoning for commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Zebulon
    County
    Wake
    State
    North Carolina
    Longitude
    -78.3215933
    Latitude
    35.83504617

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    FAQs

    What type of property is this?
    Land - 4.76 Acres, High Visibility, $2.38M
    Where is this land located?
    The property is located at Arendell Ave Zebulon, NC.
    What is the asking price?
    The asking price for this property is $2,380,000.
    What are key features of this property?
    This property features: 4.76-acre commercial land parcel in Zebulon, NC.; High visibility from US Highway 64 and Arendell Avenue, adjacent to a new 7-Eleven.; Wake County, NC; APN 2705196519; Address: North Arendell Avenue, 27597.
    Request Owner's contact information
    Arendell Ave Zebulon, NC 27597
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    Zebulon, NC 27597
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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
    Arendell Ave Zebulon, NC 27597
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