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Wendell, NC

Building

Wendell, NC Office Buildings for Sale

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Knightdale, NC Zebulon, NC Bailey, NC Clayton, NC Middlesex, NC Raleigh, NC Wake Forest, NC Youngsville, NC

Renovated Mixed-Use Downtown Property

Updated: Mar 6

Renovated Mixed-Use Downtown Property

242 W Academy Street, Wendell, NC 27591

$895,000

3,632 sqft 0.45 AC lot

Fronts 3 separate roads in Downtown Wendell: Wendell Blvd, Marshburn Rd, and Academy St
Multiple addresses/buildings: 242 W Academy and 3169 Wendell Blvd, each with separate power and utilities
2000 SF fully renovated historic home (VRBO): separate listing and has produced about $45k/year in rent over 8 years
Zoned residential and can be converted to commercial (per remarks)
Second building is a fully renovated office/retail single‑tenant space at 1,632 SF with separate rent of about $25k/year

This listing looks promising.

Here's a quick look at some key insights for

242 W Academy Street, Wendell, NC 27591

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Est. Cap Rate

6.2%
Above avg (5.9%)
Est. NOI

$56K
Annual
Price @ 7% Cap

$796K
Suggested
Property Type

Single Family Residence
Built 1915

View Property Analytics

Based on your search, we've compiled 36 Potential Opportunities for your consideration. Besides 1 Active listings in Wendell, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 27 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Office Building

Mixed-Use Office Building

405 Morson Street, Raleigh, NC 27601

$845,000

2,025 sqft 0.08 AC lot

Zoned OX-3 for up to three stories, this small office-focused building suits owner-users and mixed-use concepts.

Cary Office Building For Sale

Cary Office Building For Sale

6501 Weston Parkway, Cary, NC 27513

Contact for pricing

93,582 sqft

Office building in Cary's premiere office neighborhood with many amenities.

Office Building Near Downtown Raleigh

Office Building Near Downtown Raleigh

817 New Bern Avenue, Raleigh, NC 27601

Contact for pricing

Office building with parking and storage near downtown Raleigh.

Class A Office Building

Class A Office Building

150 Wellesley Lane Unit 204, Cary, NC 27519

$57,455

New Class A office building in desirable Cary location.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wendell, NC Commercial Land Parcel

Wendell, NC Commercial Land Parcel

1012 Poinsettia Lane, Wendell, NC 27591

$550,000

1.50 AC lot

1.5 acre commercial land parcel in Wendell, North Carolina.

Versatile Light Industrial Land Parcel

Versatile Light Industrial Land Parcel

350 Pony Road, Zebulon, NC 27597

$250,000

0.68 AC lot

Industrial land parcel zoned OI with a flexible layout for office, service, or light industrial development.

Raleigh Land with Development Potential

Raleigh Land with Development Potential

3151 New Bern Avenue, Raleigh, NC 27610

$12,000,000

4.89 AC lot

Raleigh land rezoned for mixed-use development near upcoming BRT station.

Commercial Lots on Highway 42

Commercial Lots on Highway 42

212 & 216 Butternut Lane, Clayton NC 27520, Clayton, NC 27520

$299,900

0.62 AC lot

Two vacant commercial lots, cleared and flat, ready to build.

Off-Market Properties in Wendell, NC

Consider similar Off-Market properties in Wendell, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

104 Wendell Fls Pkwy

OFFICE BUILDING

104 Wendell Fls Pkwy, Wendell, NC 27591-6740

Value Estimation by Request

1,728 sqft 0.24 AC lot

OFFICE BUILDING

30 Main St, Wendell, NC 27591-9029

$600,000

Estimated value

1,600 sqft 0.05 AC lot

OFFICE BUILDING

84 Mudham Rd, Wendell, NC 27591-8428

Value Estimation by Request

624 sqft 49.24 AC lot

2605 Nc 97th Hwy

OFFICE BUILDING

2605 Nc 97th Hwy, Wendell, NC 27591-9319

Value Estimation by Request

1,510 sqft 2.98 AC lot

3111 Wendell Blvd

OFFICE BUILDING

3111 Wendell Blvd, Wendell, NC 27591-7272

Value Estimation by Request

2,590 sqft 0.33 AC lot

OFFICE BUILDING

16 4th St, Wendell, NC 27591-9042

Value Estimation by Request

3,508 sqft 0.08 AC lot

OFFICE BUILDING

18 Main St, Wendell, NC 27591-9023

$570,000

Estimated value

3,887 sqft 0.26 AC lot

1500 Wendell Blvd

OFFICE BUILDING

1500 Wendell Blvd, Wendell, NC 27591-4521

$8,480,000

Estimated value

40,897 sqft 8.67 AC lot

7412 Old Bunch Rd

OFFICE BUILDING

7412 Old Bunch Rd, Wendell, NC 27591

Value Estimation by Request

2,000 sqft 42.64 AC lot

505 Eagle Rock Rd

OFFICE BUILDING

505 Eagle Rock Rd, Wendell, NC 27591-9073

Value Estimation by Request

3,032 sqft 0.43 AC lot

OFFICE BUILDING

1 Main St, Wendell, NC 27591

Value Estimation by Request

3,500 sqft 0.04 AC lot

OFFICE BUILDING

200 Pne St, Wendell, NC 27591-6948

$655,000

Estimated value

5,033 sqft 0.30 AC lot

1603 Hollybrook Rd

OFFICE BUILDING

1603 Hollybrook Rd, Wendell, NC 27591-5929

$515,000

Estimated value

2,406 sqft 1.55 AC lot

OFFICE BUILDING

9 Pne St, Wendell, NC 27591

$700,000

Estimated value

4,592 sqft 0.82 AC lot

1027 Marshburn Rd

OFFICE BUILDING

1027 Marshburn Rd, Wendell, NC 27591-9328

Value Estimation by Request

600 sqft 1.31 AC lot

3134 Wendell Blvd

OFFICE BUILDING

3134 Wendell Blvd, Wendell, NC 27591-7271

$985,000

Estimated value

6,076 sqft 0.71 AC lot

OFFICE BUILDING

7 3rd St, Wendell, NC 27591

Value Estimation by Request

2,620 sqft 0.06 AC lot

OFFICE BUILDING

321 Main St, Wendell, NC 27591

Value Estimation by Request

1,796 sqft 0.28 AC lot

4724 Smithfield Rd

OFFICE BUILDING

4724 Smithfield Rd, Wendell, NC 27591

Value Estimation by Request

260 sqft 135.46 AC lot

2343 Wendell Rd

OFFICE BUILDING

2343 Wendell Rd, Wendell, NC 27591-7303

Value Estimation by Request

2,000 sqft 6.60 AC lot

3220 Wendell Blvd

OFFICE BUILDING

3220 Wendell Blvd, Wendell, NC 27591-5908

Value Estimation by Request

1,034 sqft 0.11 AC lot

OFFICE BUILDING

115 Pne St, Wendell, NC 27591-6975

Value Estimation by Request

1,485 sqft 0.12 AC lot

OFFICE BUILDING

249 Mudham Rd, Wendell, NC 27591-8397

Value Estimation by Request

720 sqft 5.00 AC lot

Wendell, NC Office Buildings Market Trends and Statistics

Explore 28 office buildings for sale in Wendell, NC on our real estate platform. These investment opportunities span a total of 3,632 square feet of properties for sale, with an estimated market value of $895,000.

Sale prices for office properties in Wendell, NC start at $895,000, averaging $895,000, and reaching up to $895,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 27K

Population Growth (5Y) +26.8%

Median Household Income $76,710

College Educated 40.9%

Taxes & Financing

Tax Rate (average for all types) 0.99%

Property Tax per SF $16.40 per SF

Tax Rate vs County Average 0.01 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Wake County

Residential Income

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