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Multifamily Site in Wendell
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512 Eagle Rock Rd, Wendell, NC 27591

Multifamily site in a growing Wake County development.

Property SizeContact for details
Lot Size257.00 Acres
Days on Market910

Property Features for 512 Eagle Rock Rd

General Information

Standard status Active
Lot size 257.00 Acres
Property subtype Multifamily, Land
Zoning Planned Use Development
Listing Agency: Lee & Associates - Raleigh Durham
Listed By: Moss Withers · License #NC
Source: Crexi
Added: Feb 22, 2024 Changed: Aug 8 Last Checked: Aug 8 at 11:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Raleigh Durham

Investment Insights

Based on property information with market context.

This multifamily site is located within the 257-acre Wendell Commerce Center Planned Use Development (PUD). The development is strategically positioned at the intersection of I-87 and US 64 Business (Wendell Boulevard). The PUD allows for the construction of up to 650 multifamily units. The location provides access to major employers, retail establishments, and residential areas. The property is located in a dynamic live-work-play area. Dozens of amenities, downtown Raleigh, and the Raleigh-Durham International Airport are within a twenty-minute drive of the property.

Key Highlights

  • Permitted for up to 650 multifamily units.
  • Located within the Wendell Commerce Center Planned Use Development (PUD).
  • Strategically located at the intersection of I‑87 and US 64 Business (Wendell Boulevard).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Real Estate Agency Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby

Demographics for 27591, NC

24,677
Population
10,109
Households
2.4
Avg Household Size
38
Median Age
31%
College-Educated
88%
High-School Grad
66.6 sq mi
ZIP Area
371
Density / Sq Mi
$76,710
Median Household Income
$42,758
Median Earnings
$1,280
Median Rent
$288,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Multifamily site in a growing Wake County development.
Where is this residential land & home lot located?
The property is located at 512 Eagle Rock Rd Wendell, NC.
What are key features of this property?
This property features: Permitted for up to 650 multifamily units.; Located within the Wendell Commerce Center Planned Use Development (PUD).; Strategically located at the intersection of I‑87 and US 64 Business (Wendell Boulevard).
(919) 576-2501 Call to check price and availability
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