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    2451 Wendell Blvd Wendell, NC 27591

    Sponsored
    For Sale
    $695,000

    2.9-acre commercial lot, prime Wendell location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.9-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of Wendell, North Carolina. Located at 2451 Wendell Blvd, this property boasts significant frontage along Business 64/Wendell Boulevard, offering unparalleled visibility and accessibility. Its strategic position between Interstate 87 and downtown Wendell ensures high traffic volume and convenient access to a growing community. The property is zoned CH - Town of Wendell, and is particularly attractive due to its proximity to the future Wake Tech Wendell Campus, less than two miles away. The site is already partially developed, featuring a graded and pad-ready area, along with a partially completed parking lot. Some bioretention is already in place, and importantly, no further road improvements are required as the Fee in Lieu has been paid. The property is subject to subdivision, offering flexibility for various development scenarios. A site plan is available, highlighting potential uses such as a daycare center. This turnkey opportunity combines a desirable location, existing infrastructure, and development-ready features, making it an ideal investment for discerning buyers seeking a high-impact commercial project in a rapidly expanding market. The APN is 1784165487.

    Property Features for 2451 Wendell Blvd

    General Information

    Property type
    Land
    Lot Size
    126,324 SF

    HighLights

    • 2.9‑acre commercial lot in Wendell, NC, zoned CH.
    • Significant frontage on Business 64/Wendell Boulevard.
    • Partially developed with grading, pad‑ready area, and partially completed parking lot.
    • Bioretention already in place.
    • Fee in Lieu paid; no further road improvements needed.
    • Subdividable lot; site plan available, suitable for daycare or other uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Wendell
    County
    Wake
    State
    North Carolina
    Longitude
    -78.387403
    Latitude
    35.799508

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    FAQs

    What type of property is this?
    Land - 2.9-acre commercial lot, prime Wendell location.
    Where is this land located?
    The property is located at 2451 Wendell Blvd Wendell, NC.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: 2.9-acre commercial lot in Wendell, NC, zoned CH.; Significant frontage on Business 64/Wendell Boulevard.; Partially developed with grading, pad-ready area, and partially completed parking lot.
    (919) 219-1112
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    2451 Wendell Blvd 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
    2451 Wendell Blvd Wendell, NC 27591
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