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    Franklin St Wake Forest, NC 27587

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    For Lease
    Contact for pricing

    1.1-Acre Commercial Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.1-acre commercial land parcel presents a unique investment opportunity in the thriving Holding Village area of Wake Forest, North Carolina. Located on S Franklin St, this property is zoned (NMX-CU) within Wake County, offering significant potential for a variety of commercial developments. The single-tenant zoning allows for focused development, minimizing complexities associated with multi-tenant projects. The expansive lot size provides ample space for construction, ensuring flexibility in design and functionality for your future project. Its strategic location within Holding Village offers excellent visibility and accessibility, making it an ideal site for businesses seeking high foot traffic and convenient access for customers. The property's address is easily identifiable, ensuring convenient navigation for potential clients and employees. This prime location in Wake Forest, NC, zip code 27587, provides access to a growing population and robust local economy. The property is available for sale or ground lease, offering flexibility to suit various investment strategies. Serious inquiries are encouraged to explore the possibilities this exceptional commercial land parcel offers. Detailed zoning information and development guidelines are readily available upon request. Don't miss this chance to secure a prominent location in a rapidly developing area.

    Property Features for 0 Franklin St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Availabe space
    Size
    0 SF

    HighLights

    • 1.1.1‑acre commercial lot available for sale at $1,250,000 or ground lease.
    • S. Franklin Street frontage, adjacent to Holding Lake and neighborhood amenities.
    • Sunset views over Holding Lake, ideal for restaurants or bars.
    • Rough graded pad provided for ground lease tenants.
    • High traffic location with approximately 20,000 cars per day on S. Franklin Street.
    • NMX‑CU commercial zoning in Wake County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wake Forest
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5094227
    Latitude
    35.9626478

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    FAQs

    What type of property is this?
    Land - 1.1-Acre Commercial Lot, Prime Location
    Where is this land located?
    The property is located at Franklin St Wake Forest, NC.
    What are key features of this property?
    This property features: 1.1.1-acre commercial lot available for sale at $1,250,000 or ground lease.; S. Franklin Street frontage, adjacent to Holding Lake and neighborhood amenities.; Sunset views over Holding Lake, ideal for restaurants or bars.
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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

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    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.

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    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
    Franklin St Wake Forest, NC 27587
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