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    3809 Us-64 Hwy Apex, NC 27523

    Sponsored
    For Sale
    $4,500,000

    Apex, NC commercial land: prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 9.84-acre commercial land parcel, located at 3809 US-64 Hwy W in Apex, North Carolina (Wake County, zip code 27523), presents a unique investment opportunity. Priced at $4,500,000, this property boasts a highly desirable PUD-CZ zoning designation, allowing for a diverse range of commercial uses. Permitted uses include, but are not limited to, daycare centers, veterinary clinics, restaurants (excluding drive-thrus), medical facilities, office spaces, and retail establishments. The site benefits from significant highway frontage on US-64, a major thoroughfare experiencing a high volume of traffic (28,000 vehicles per day). Its strategic location is further enhanced by the presence of over 3,500 homes either approved or currently under construction in the immediate vicinity, ensuring a robust and growing customer base. The property's GIS PINs are 0712749870 and 0712842430. This is part of a larger planned mixed-use development, Elevate 64 West, encompassing over 35 acres and envisioned to include up to 392 high-density luxury multifamily units and additional non-residential development. This presents a rare chance to acquire a substantial land holding in a rapidly expanding area with excellent visibility and access. Don't miss this chance to capitalize on the growth potential of Apex, NC.

    Property Features for 3809 Us-64 Hwy

    General Information

    Property type
    Land
    Lot Size
    428,630 SF

    HighLights

    • ±9.84 acres of commercial land for sale in Apex, NC, with US‑64 highway frontage.
    • PUD‑CZ zoning allows for daycare, veterinary clinic, restaurant (no drive‑thru), medical, office, and retail uses.
    • High traffic volume of 28,000 vehicles per day on US‑64.
    • Over 3,500 homes approved or under construction nearby.
    • GIS PINs: 0712749870 and 0712842430.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Apex
    County
    Wake
    State
    North Carolina
    Longitude
    -78.9396301
    Latitude
    35.7411568

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    FAQs

    What type of property is this?
    Land - Apex, NC commercial land: prime location.
    Where is this land located?
    The property is located at 3809 Us-64 Hwy Apex, NC.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: ±9.84 acres of commercial land for sale in Apex, NC, with US-64 highway frontage.; PUD-CZ zoning allows for daycare, veterinary clinic, restaurant (no drive-thru), medical, office, and retail uses.; High traffic volume of 28,000 vehicles per day on US-64.
    Request Owner's contact information
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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
    3809 Us-64 Hwy Apex, NC 27523
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