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    Wendell Falls Pkwy Wendell, NC 27591

    Sponsored
    For Sale
    $6,800,000

    8.22 Acres, Mixed-Use Potential, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.22-acre commercial land parcel presents a unique investment opportunity in the thriving Wendell Falls development, situated in Wendell, North Carolina. Located at 0 Wendell Falls Parkway, this property boasts a prime location within Wake County, offering easy access to the greater Raleigh area. Zoned RA, this versatile land allows for a range of commercial mixed-use developments, catering to diverse business needs. The asking price for this significant land holding is $6,800,000. Its strategic position within the rapidly expanding Wendell Falls community ensures high visibility and accessibility, making it an ideal site for businesses seeking a vibrant and growing market. The property's substantial acreage provides ample space for ambitious projects, allowing for significant development potential. Given its location and zoning, this land is well-suited for a variety of commercial ventures, promising strong returns on investment. The proximity to Raleigh further enhances its appeal, providing access to a larger workforce and consumer base. This is a rare opportunity to acquire a substantial commercial land parcel in a high-growth area, offering significant long-term value. Interested parties are encouraged to explore the possibilities this exceptional property presents. The property is located in zip code 27591.

    Property Features for 0 Wendell Falls Pkwy

    General Information

    Property type
    Land

    HighLights

    • $6,800,000 asking price.
    • 8.22 acres of commercial land.
    • Located in Wendell Falls, Wendell, NC.
    • RA zoning.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wendell
    County
    Wake
    State
    North Carolina
    Longitude
    -78.4037352
    Latitude
    35.7727276

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    FAQs

    What type of property is this?
    Land - 8.22 Acres, Mixed-Use Potential, Prime Location
    Where is this land located?
    The property is located at Wendell Falls Pkwy Wendell, NC.
    What is the asking price?
    The asking price for this property is $6,800,000.
    What are key features of this property?
    This property features: $6,800,000 asking price.; 8.22 acres of commercial land.; Located in Wendell Falls, Wendell, NC.
    (919) 624-7645
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    Wendell Falls Pkwy 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

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    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.

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    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
    Wendell Falls Pkwy Wendell, NC 27591
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