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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Forestville Rd Wake Forest, NC 27587

7,000 SF 3.97 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.97-acre commercial outparcel in Wake Forest, NC, presents a lucrative investment opportunity. Located on Forestville Road, near the intersection of US Hwy 401, and less than four miles from I-540, this property boasts unparalleled accessibility and visibility. The 7,000 square foot storefront building sits on a sizable lot, offering ample space for development. With 25 parking spaces already in place, this property is ready for immediate occupancy or redevelopment. The R-10-CU zoning permits a variety of commercial uses, making it ideal for a range of businesses. This location is particularly well-suited for a childcare or daycare center, given its proximity to a planned residential development encompassing 224 apartment units and 147 townhouses. The property's strategic location within Wake Forest, one of North Carolina's fastest-growing towns, ensures strong potential for future appreciation. Water and sewer services are readily available, simplifying the development process. The asking price for this prime commercial property is $1,000,000. Don't miss this chance to capitalize on the explosive growth in Wake Forest and secure a highly desirable commercial asset. This property offers a unique blend of immediate usability and significant long-term growth potential.

Property profile
Verified
Property type Retail properties & Spaces
Total area 7,000 SF
Lot 3.97 ac (172,933 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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