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Property profile & analytics
OFF-MARKET
Specialty properties

3 Lakestone Cmns Ave Fuquay-Varina, NC 27526

0.47 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.47-acre commercial land parcel, located at Lot 3 Lakestone Commons Avenue in Fuquay-Varina, NC 27526, presents a remarkable investment opportunity. Situated in a thriving mixed-use development, this pad-ready lot offers endless possibilities for retail or office space. The property is conveniently located across from Kohl's and behind Chick-fil-A, ensuring high visibility and accessibility. With utilities (water and sewer) stubbed to the property line, a stormwater pond in place, and a curb cut from Carrickbrack Street, this lot is ready for immediate development. A potential 4,000 square foot building footprint is feasible, depending on the intended use and parking requirements. The site is part of a larger development that includes 50 planned townhomes, further enhancing the area's appeal and potential for growth. Fuquay-Varina is experiencing rapid growth, making this a strategically positioned investment in a dynamic and expanding community. Detailed contractor and architect information is available. The asking price for this exceptional property is $850,000. This is a rare opportunity to acquire a prime commercial lot in one of North Carolina's fastest-growing communities.

Property profile
Verified
Property type Specialty properties
Lot 0.47 ac (20,473 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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