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Property profile & analytics
OFF-MARKET
Land

3809 Us-64 Hwy Apex, NC 27523

9.84 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.84-acre commercial land parcel, located at 3809 US-64 Hwy W in Apex, North Carolina (Wake County, zip code 27523), presents a unique investment opportunity. Priced at $4,500,000, this property boasts a highly desirable PUD-CZ zoning designation, allowing for a diverse range of commercial uses. Permitted uses include, but are not limited to, daycare centers, veterinary clinics, restaurants (excluding drive-thrus), medical facilities, office spaces, and retail establishments. The site benefits from significant highway frontage on US-64, a major thoroughfare experiencing a high volume of traffic (28,000 vehicles per day). Its strategic location is further enhanced by the presence of over 3,500 homes either approved or currently under construction in the immediate vicinity, ensuring a robust and growing customer base. The property's GIS PINs are 0712749870 and 0712842430. This is part of a larger planned mixed-use development, Elevate 64 West, encompassing over 35 acres and envisioned to include up to 392 high-density luxury multifamily units and additional non-residential development. This presents a rare chance to acquire a substantial land holding in a rapidly expanding area with excellent visibility and access. Don't miss this chance to capitalize on the growth potential of Apex, NC.

Property profile
Verified
Property type Land
Lot 9.84 ac (428,630 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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