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    Arendell Ave Zebulon, NC 27597

    Sponsored
    For Sale
    $5,115,450

    Prime 15-acre tract, high-traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15.27-acre mixed-use development opportunity is situated in the rapidly growing town of Zebulon, Wake County, North Carolina. The property, comprised of three contiguous tracts (4.76 acres, 7.08 acres, and 3.43 acres), offers unparalleled potential for a diverse range of commercial and residential projects. Its strategic location in the heart of Zebulon places it within easy reach of Raleigh, Wilson, and Rocky Mount, ensuring high visibility and accessibility. The site benefits from its proximity to major roadways and is adjacent to a proposed 7-Eleven convenience store, further enhancing its commercial viability. Utilities, including water and sewer, are readily available nearby. The seller is open to selling each tract individually, providing flexibility for various development scenarios. Detailed development information is available through the Town of Zebulon's interactive development map. This presents a unique chance to capitalize on Zebulon's robust growth trajectory and create a thriving mixed-use development. The property's APN numbers are 2705196519, 2705390715, and 2705292674. The asking price for the entire 15.27-acre site is $5,115,450. The address encompasses N Arendell Ave and 1213 Shepard School Rd, Zebulon, NC 27597.

    Property Features for 0 Arendell Ave

    General Information

    Property type
    Land
    Lot Size
    665,161 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Zebulon
    County
    Wake
    State
    North Carolina
    Longitude
    -78.3202082
    Latitude
    35.8328142

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    FAQs

    What type of property is this?
    Land - Prime 15-acre tract, high-traffic area.
    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 $5,115,450.
    Request Owner's contact information
    Arendell Ave 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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