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    7618 Purfoy Rd Fuquay-Varina, NC 27526

    Sponsored
    For Sale
    $299,900

    1.71-acre lot, prime location, multiple uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1.71-acre commercially zoned lot in Fuquay-Varina, North Carolina, presents a remarkable investment opportunity. Located at 7618 Purfoy Road, this property boasts 64 feet of road frontage, enjoying high visibility with over 16,500 vehicles passing daily. Its strategic position between Main Street (US 401/NC 55) and Old Honeycutt Road provides excellent access and exposure. The lot shares an access drive with a Comfort Inn & Suites Hotel and benefits from cross-access easements to a nearby medical complex and the Tractor Supply Co. shopping center to the north, offering multiple access points and signalized intersections. Public water and sewer are readily available. The CC: Corridor Commercial zoning allows for diverse uses, including medical/professional offices, daycares, restaurants, brew pubs/bars, general retail, automotive services, veterinary clinics, religious facilities, residential live/work units, and hotels. Interested parties should verify proposed uses with the Town of Fuquay-Varina Planning & Zoning Department. The asking price for this exceptional property is $299,900. The APN is 0666698683. This owner/user investment opportunity is perfect for a variety of businesses seeking a high-traffic location in a thriving community.

    Property Features for 7618 Purfoy Rd

    General Information

    Property type
    Day care centers
    Lot Size
    74,488 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fuquay-Varina
    County
    Wake
    State
    North Carolina
    Longitude
    -78.774534492228
    Latitude
    35.589710779268

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    FAQs

    What type of property is this?
    Day care center - 1.71-acre lot, prime location, multiple uses.
    Where is this day care center located?
    The property is located at 7618 Purfoy Rd Fuquay-Varina, NC.
    What is the asking price?
    The asking price for this property is $299,900.
    Request Owner's contact information
    7618 Purfoy Rd Fuquay-Varina, NC 27526
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    Fuquay-Varina, NC 27526
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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
    7618 Purfoy Rd Fuquay-Varina, NC 27526
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