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    3401-4 Raleigh Road Pkwy Wilson, NC 27896

    Sponsored
    For Sale
    $1,200,000

    High-traffic location, 1.66 acres near Target.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.66-acre commercial land parcel presents a prime investment opportunity in Wilson, North Carolina. Strategically located at 3401-4 Raleigh Rd Pkwy W, 27896, this property enjoys a high-visibility position adjacent to a Target-anchored retail center, ensuring significant foot traffic and brand recognition. The asking price is $1,200,000, translating to $725,000 per acre, reflecting the land's exceptional value and potential. The property's location within Wilson's main retail node guarantees strong visibility and accessibility. The site's proximity to a thriving retail area makes it ideal for a variety of commercial developments. Noteworthy is the recent sale of a 30-acre tract behind the Target to a residential developer, highlighting the area's robust growth and demand. This outparcel offers developers a unique chance to capitalize on the area's strong retail presence and burgeoning residential sector. The property's size and location make it suitable for a range of commercial uses, offering significant potential for return on investment. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly growing area of Wilson, NC. Serious inquiries are encouraged.

    Property Features for 3401-4 Raleigh Road Pkwy

    General Information

    Property type
    Land
    Lot Size
    72,310 SF

    HighLights

    • 1.66‑acre commercial land parcel in Wilson, NC, priced at $1,200,000 ($725,000/acre).
    • High‑visibility location on Raleigh Rd Pkwy W, adjacent to a Target‑anchored retail center.
    • Situated in Wilson's main retail node, offering strong visibility and accessibility.
    • Ideal for various commercial developments, benefiting from nearby residential growth.
    • Rare opportunity to capitalize on a thriving retail area and burgeoning residential sector.
    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
    Wilson
    County
    Wilson
    State
    North Carolina
    Longitude
    -77.967885385022
    Latitude
    35.743529921973

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    FAQs

    What type of property is this?
    Land - High-traffic location, 1.66 acres near Target.
    Where is this land located?
    The property is located at 3401-4 Raleigh Road Pkwy Wilson, NC.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 1.66-acre commercial land parcel in Wilson, NC, priced at $1,200,000 ($725,000/acre).; High-visibility location on Raleigh Rd Pkwy W, adjacent to a Target-anchored retail center.; Situated in Wilson's main retail node, offering strong visibility and accessibility.
    Request Owner's contact information
    3401-4 Raleigh Road Pkwy Wilson, NC 27896
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    Wilson, NC 27896
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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
    3401-4 Raleigh Road Pkwy Wilson, NC 27896
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