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    1508 Eagle Rock Rd Wendell, NC 27591

    Sponsored
    For Sale
    $4,878,720

    17.92 acres, mixed-use potential, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 17.92-acre commercial land assemblage presents a remarkable mixed-use development opportunity in the thriving Wendell, North Carolina market. Located at 1508 Eagle Rock Road, this property boasts over 600 feet of paved road frontage along Eagle Rock Road, conveniently situated just north of Wendell Falls Parkway. The property is zoned Activity Center 2 by the Town of Wendell, offering significant flexibility for a variety of commercial ventures. The assemblage consists of four parcels with APNs: 1773781072, 1773777929, 1773777713, and 1773777837. This prime location offers excellent visibility and accessibility, making it an ideal site for businesses seeking to capitalize on the area's robust growth. The asking price for this exceptional opportunity is $4,878,720. This is a rare chance to acquire a substantial land holding in a rapidly expanding area with significant potential for future development and strong returns on investment. The property is owned by Pearce & Clark. Don't miss this chance to secure a piece of Wendell's vibrant future.

    Property Features for 1508 Eagle Rock Rd

    General Information

    Property type
    Land
    Lot Size
    780,595 SF

    HighLights

    • 17.92‑acre mixed‑use development assemblage in Wendell, NC.
    • Over 600 feet of road frontage on Eagle Rock Road, near Wendell Falls Parkway.
    • Activity Center 2 zoning allows for diverse commercial uses.
    • Four parcels (APN: 1773781072, 1773777929, 1773777713, 1773777837).
    • Asking price: $4,878,720.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Clothing Store Gym & Fitness Department Store Skin Care Clinic Kitchen & Bath Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wendell
    County
    Wake
    State
    North Carolina
    Longitude
    -78.400411235108
    Latitude
    35.776608582901

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    FAQs

    What type of property is this?
    Land - 17.92 acres, mixed-use potential, prime location.
    Where is this land located?
    The property is located at 1508 Eagle Rock Rd Wendell, NC.
    What is the asking price?
    The asking price for this property is $4,878,720.
    What are key features of this property?
    This property features: 17.92-acre mixed-use development assemblage in Wendell, NC.; Over 600 feet of road frontage on Eagle Rock Road, near Wendell Falls Parkway.; Activity Center 2 zoning allows for diverse commercial uses.
    Request Owner's contact information
    1508 Eagle Rock Rd Wendell, NC 27591
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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
    1508 Eagle Rock Rd Wendell, NC 27591
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