7608 Fayetteville Rd Raleigh, NC 27603

Listing agency NC Forester m***@ncforester.com Show Phone

Listed by Michael Perry · License #NC 76103

Source Crexi

Added: May 2, 2023 Updated: Jul 6 at 7:45AM Checked: Jul 22 at 5:40PM

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Investment Insights

Based on property information with market context.

This commercial land parcel, totaling approximately 12.3 acres, is available for sale. The topography ranges from gently to strongly sloping. Usable land includes approximately 7.6 acres east of drains and approximately 3 acres west of drains. There is potential to purchase additional lands to the north. Furthermore, approximately 18 additional acres listed with 2 other firms are available south to Costco. Access to US 401 is available, with NCDOT approval for developer-installed turn signals for U-turns and left turns at Caddy Rd (for southbound 401 traffic) and at an existing U-turn approximately 0.3 miles north of Caddy Rd (for northbound 401 traffic). According to the Garner planning department, development will require a 75-foot public ROW boulevard running parallel with US 401 on the west side, connecting to the Bennett assemblage to the north and the Costco parking lot road stub to the south. Bennett assemblage surveys are attached.

Key Highlights

• Approximately 10.6 acres of usable land.
• Approved US 401 access with NCDOT‑approved turn signals for U‑turns and left turns at Caddy Rd.
• Garner planning requires a 75’ public ROW boulevard connecting to the Bennett assemblage and Costco.

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FAQs

What type of property is this?

Commercial land - Land parcel available for sale in Raleigh, North Carolina.

Where is this commercial land located?

The property is located at 7608 Fayetteville Rd Raleigh, NC.

What is the asking price?

The asking price for this property is $4,797,000.

What are key features of this property?

This property features: Approximately 10.6 acres of usable land.; Approved US 401 access with NCDOT‑approved turn signals for U‑turns and left turns at Caddy Rd.; Garner planning requires a 75’ public ROW boulevard connecting to the Bennett assemblage and Costco.