Property profile

3401-4 Raleigh Road Pkwy Wilson, NC 27896

OFF-MARKET
Land
1.66 ac lot
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Property summary

AI-generated overview

This exceptional 1.66-acre commercial land parcel presents a prime investment opportunity in Wilson, North Carolina. Strategically located at 3401-4 Raleigh Rd Pkwy W, 27896, this property enjoys a high-visibility position adjacent to a Target-anchored retail center, ensuring significant foot traffic and brand recognition. The asking price is $1,200,000, translating to $725,000 per acre, reflecting the land's exceptional value and potential. The property's location within Wilson's main retail node guarantees strong visibility and accessibility. The site's proximity to a thriving retail area makes it ideal for a variety of commercial developments. Noteworthy is the recent sale of a 30-acre tract behind the Target to a residential developer, highlighting the area's robust growth and demand. This outparcel offers developers a unique chance to capitalize on the area's strong retail presence and burgeoning residential sector. The property's size and location make it suitable for a range of commercial uses, offering significant potential for return on investment. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly growing area of Wilson, NC. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 1.66 ac (72,310 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3401-4 Raleigh Road Pkwy Wilson, NC 27896
Wilson metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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