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    3832 Rogers Rd Wake Forest, NC 27587

    Sponsored
    For Sale
    $1,013,200

    High-traffic location, 2.98 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.98-acre retail property is ideally situated on Rogers Road in Wake Forest, North Carolina, near the intersection of Rogers Road and Forestville Road. The R-30 zoning allows for a variety of commercial uses, making it an attractive investment for developers and entrepreneurs. Its prime location offers excellent visibility and accessibility, benefiting from high traffic counts and proximity to key amenities. The property is strategically positioned near established retail centers, medical offices, and educational institutions, including Heritage Middle and High Schools. The surrounding area is characterized by thriving residential subdivisions and ongoing development, ensuring a consistent flow of potential customers. This presents a unique opportunity to capitalize on the robust growth and demand in the Wake Forest market. The property's size and location provide ample space for a variety of commercial developments, catering to the needs of the community and maximizing investment potential. The 27587 zip code boasts a strong demographic profile, further enhancing the property's appeal. This is a rare chance to acquire a significant parcel of land in a rapidly expanding area with excellent potential for long-term growth and profitability. The asking price is $1,013,200.

    Property Features for 3832 Rogers Rd

    General Information

    Property type
    Retail properties
    Lot Size
    129,809 SF

    HighLights

    • 2.98‑acre retail property in Wake Forest, NC, on Rogers Road near Forestville Road.
    • R‑30 zoning allows diverse commercial uses.
    • Excellent visibility and accessibility with high traffic counts.
    • Near retail centers, medical offices, and Heritage Middle/High Schools.
    • Located in a thriving residential area with strong demographics (27587 zip code).
    • Asking price: $1,013,200.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Wake Forest
    County
    Wake
    State
    North Carolina
    Longitude
    -78.4982389
    Latitude
    35.9436823

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, 2.98 acres.
    Where is this retail property located?
    The property is located at 3832 Rogers Rd Wake Forest, NC.
    What is the asking price?
    The asking price for this property is $1,013,200.
    What are key features of this property?
    This property features: 2.98-acre retail property in Wake Forest, NC, on Rogers Road near Forestville Road.; R-30 zoning allows diverse commercial uses.; Excellent visibility and accessibility with high traffic counts.
    (919) 369-1191
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    3832 Rogers Rd Wake Forest, NC 27587
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    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

    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
    3832 Rogers Rd Wake Forest, NC 27587
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