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    201 Matthews Dr Holly Springs, NC 27540

    Sponsored
    For Sale
    $1,200,000

    1.38-Acre Commercial Land, Holly Springs, NC

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.38-acre commercial land parcel presents a prime investment opportunity in the thriving Sunset Lake Commons Shopping Center in Holly Springs, North Carolina. Located at 201 Matthews Drive, 27540, this property boasts a highly desirable NMX zoning designation, permitting a wide range of uses including office space, medical facilities, personal service businesses, veterinary clinics, restaurants, and retail establishments. The site is conveniently situated at the intersection of Holly Springs Road and Sunset Lake Road, ensuring high visibility and accessibility. Infrastructure is largely in place, with the land already rough-graded and utilities stubbed. A significant portion of the stormwater management is addressed within the master development plan, streamlining the development process. This rapidly developing area benefits from the proximity of a new I-540 interchange, less than a mile away, further enhancing its appeal and accessibility. The asking price for this exceptional property is $1,200,000. This represents a unique chance to acquire a well-positioned commercial lot in a high-growth area, anchored by a Harris Teeter supermarket, offering significant potential for future development and return on investment. Don't miss this opportunity to secure a piece of Holly Springs' vibrant commercial landscape.

    Property Features for 201 Matthews Dr

    General Information

    Property type
    Land
    Lot Size
    60,113 SF

    HighLights

    • ±1.38‑acre commercial lot in the Sunset Lake Commons Shopping Center, Holly Springs, NC.
    • NMX zoning allows for office, medical, personal services, veterinary, restaurant, and retail uses.
    • Site is rough‑graded with utilities stubbed.
    • Stormwater management largely addressed in master plan.
    • High visibility location near new I‑540 interchange.
    • $1,200,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Holly Springs
    County
    Wake
    State
    North Carolina
    Longitude
    -78.8495889
    Latitude
    35.6251337

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    FAQs

    What type of property is this?
    Land - 1.38-Acre Commercial Land, Holly Springs, NC
    Where is this land located?
    The property is located at 201 Matthews Dr Holly Springs, NC.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: ±1.38-acre commercial lot in the Sunset Lake Commons Shopping Center, Holly Springs, NC.; NMX zoning allows for office, medical, personal services, veterinary, restaurant, and retail uses.; Site is rough-graded with utilities stubbed.
    (919) 576-2501
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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
    201 Matthews Dr Holly Springs, NC 27540
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