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    609 Holly Springs Rd Holly Springs, NC 27540

    Sponsored
    For Sale
    $4,250,000

    Prime 5.3-acre commercial lot, ideal for retail/office.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 5.3-acre commercial land parcel, located at 609 Holly Springs Road in Wake County, North Carolina (zip code 27540), presents a unique investment opportunity. Zoned PUD, the property has already received approval for the construction of up to 53,000 square feet of suburban retail or office space. Its strategic location offers unparalleled access to a thriving residential community. The Plaza at Rhamkatte Village provides direct, convenient access to over 2,300 households without requiring any major road crossings, ensuring high visibility and accessibility for future businesses. The site boasts a prominent position on Holly Springs Road, a major thoroughfare with an impressive average annual daily traffic count of 15,000 vehicles. This high traffic volume translates to significant potential for attracting customers and maximizing the return on investment. The asking price for this exceptional property is $4,250,000. Don't miss this chance to acquire a prime commercial development site in a rapidly growing area. This property offers a compelling combination of location, zoning, and development potential, making it an ideal investment for discerning buyers.

    Property Features for 609 Holly Springs Rd

    General Information

    Property type
    Land
    Lot Size
    230,868 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Spectrum Holly Springs Cable Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Holly Springs
    County
    Wake
    State
    North Carolina
    Longitude
    -78.825423999748
    Latitude
    35.654878686281

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    FAQs

    What type of property is this?
    Land - Prime 5.3-acre commercial lot, ideal for retail/office.
    Where is this land located?
    The property is located at 609 Holly Springs Rd Holly Springs, NC.
    What is the asking price?
    The asking price for this property is $4,250,000.
    (919) 582-3143
    Request Owner's contact information
    609 Holly Springs Rd Holly Springs, NC 27540
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    Holly Springs, NC 27540
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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
    609 Holly Springs Rd Holly Springs, NC 27540
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