3809 Us-64 Hwy Apex, NC 27523
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.