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    Dr Calvin Jones Hwy Wake Forest, NC 27587

    Sponsored
    For Sale
    $2,000,000

    High-visibility retail space available now

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 8,216 square foot retail building, constructed in 2017, offers a single available space of 1,584 square feet. Located in Will County on Plainfield Road/Lincoln Highway, this property boasts exceptional visibility and a strong tenant mix. Currently, the center is home to Aspen Dental and American Mattress, providing a solid foundation for future tenants. The property benefits from a shadow anchor of Home Depot and is directly across from the Louis Joliet Mall, ensuring high traffic and customer exposure. Nearby national retailers such as Target, ULTA, and PetSmart further enhance the location's desirability. The 0.69-acre site features a single-story building, providing convenient access and ample parking. This is an excellent opportunity for a retailer seeking a high-traffic location with established neighboring businesses. The available space is ideal for a variety of retail uses and offers significant potential for growth and success. The property's strategic location and strong tenant lineup make it an attractive investment for discerning businesses. Contact us today to learn more about this exceptional retail opportunity.

    Property Features for 0 Dr Calvin Jones Hwy

    General Information

    Property type
    Multifamily properties
    Lot Size
    189,922 SF

    HighLights

    • 8,216 SF retail building on 0.69 acres in Will County.
    • One 1,584 SF retail space available for lease.
    • Located in a strong retail corridor with co‑tenants including Aspen Dental and American Mattress.
    • Shadow‑anchored by Home Depot and across from Louis Joliet Mall, with nearby Target, ULTA, and PetSmart.
    • High visibility on Plainfield Road/Lincoln Highway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wake Forest
    County
    Wake
    State
    North Carolina
    Longitude
    -78.524441
    Latitude
    35.966947

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    FAQs

    What type of property is this?
    Multifamily property - High-visibility retail space available now
    Where is this multifamily property located?
    The property is located at Dr Calvin Jones Hwy Wake Forest, NC.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 8,216 SF retail building on 0.69 acres in Will County.; One 1,584 SF retail space available for lease.; Located in a strong retail corridor with co-tenants including Aspen Dental and American Mattress.
    (919) 576-2501
    Request Owner's contact information
    Dr Calvin Jones Hwy Wake Forest, NC 27587
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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

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    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
    Dr Calvin Jones Hwy Wake Forest, NC 27587
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