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    517 Main St Fuquay-Varina, NC 27526

    Sponsored
    For Sale
    $395,000

    Prime 0.43-acre commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.43-acre commercial land parcel, located at 517 N Main St in Fuquay-Varina, NC, presents a remarkable investment opportunity. Situated in Wake County, with a zip code of 27526, this property boasts a highly desirable location, offering unparalleled walkability to the vibrant downtown area. Enjoy proximity to a diverse range of amenities, including numerous restaurants, cafes, and parks, ensuring a thriving and attractive environment for any commercial venture. The property's strategic positioning benefits from significant traffic volume, with counts reaching 11,000 vehicles per day in 2021 (VPD 2021), providing exceptional visibility and accessibility. The parcel is zoned DC-2, offering flexibility for a variety of commercial uses. The asking price for this exceptional property is $395,000. The property's unique identifier (PIN) is 00667001186. This is a rare opportunity to acquire a prime commercial lot in a rapidly growing area with high traffic counts and convenient access to downtown amenities. Don't miss this chance to secure a piece of Fuquay-Varina's thriving commercial landscape.

    Property Features for 517 Main St

    General Information

    Property type
    Land
    Lot Size
    18,731 SF

    HighLights

    • $395,000 asking price.
    • 0.43‑acre commercial land parcel.
    • Located at 517 N Main St, Fuquay‑Varina, NC 27526.
    • DC‑2 zoning.
    • High traffic count (11,000 VPD in 2021) and walkable to downtown Fuquay‑Varina.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Fuquay-Varina
    County
    Wake
    State
    North Carolina
    Longitude
    -78.8000278
    Latitude
    35.5843376

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    FAQs

    What type of property is this?
    Land - Prime 0.43-acre commercial lot.
    Where is this land located?
    The property is located at 517 Main St Fuquay-Varina, NC.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: $395,000 asking price.; 0.43-acre commercial land parcel.; Located at 517 N Main St, Fuquay-Varina, NC 27526.
    Request Owner's contact information
    517 Main St Fuquay-Varina, NC 27526
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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
    517 Main St Fuquay-Varina, NC 27526
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