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    Kioti Dr Wendell, NC 27591

    Sponsored
    For Sale
    $6,695,116

    Prime Commercial Land, Wendell, NC

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10.38-acre commercial property in Wendell, North Carolina, presents a significant investment opportunity. Strategically located near the intersection of I-87/US Hwy 64 on Rolesville Road, adjacent to East Wake High School, this land boasts a prime location with high visibility. The property is zoned for commercial use, with a future land use designation of Employment Center. All utilities are readily available on-site. The offering includes three parcels, which can be purchased individually or as a whole. Parcel 1 encompasses 7.79 acres, priced at $4,284,500 ($550,000 per acre). Parcel 2 comprises 2.46 acres, listed at $2,337,000 ($950,000 per acre). Finally, Parcel 3 is a smaller 0.13-acre lot priced at $73,616 ($13 per square foot). Wake County PINs for the parcels are 1775106134, 1775103147, and 1774192901. This property offers substantial potential for development in a rapidly growing area. The asking price for the entire 10.38-acre tract is $6,695,116. This is a rare opportunity to acquire a large, well-located commercial parcel in a thriving North Carolina market.

    Property Features for 0 Kioti Dr

    General Information

    Property type
    Retail properties
    Lot Size
    452,153 SF

    HighLights

    • Commercial Corridor zoning.
    • Future Land Use designated as Employment Center.
    • Utilities available on‑site.
    • Wake County PINs: 1775106134, 1775103147, and 1774192901.
    • Lot 1: 7.79 acres, $4,284,500 ($550,000/acre).
    • Lot 2: 2.46 acres, $2,337,000 ($950,000/acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wendell
    County
    Wake
    State
    North Carolina
    Longitude
    -78.4186939
    Latitude
    35.8102366

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    FAQs

    What type of property is this?
    Retail property - Prime Commercial Land, Wendell, NC
    Where is this retail property located?
    The property is located at Kioti Dr Wendell, NC.
    What is the asking price?
    The asking price for this property is $6,695,116.
    What are key features of this property?
    This property features: Commercial Corridor zoning.; Future Land Use designated as Employment Center.; Utilities available on-site.
    Request Owner's contact information
    Kioti Dr 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
    Kioti Dr Wendell, NC 27591
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