Property profile

0 Hodge & Poole Rds Knightdale, NC 27610

OFF-MARKET
Retail properties & Spaces
19.22 ac lot
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Property summary

AI-generated overview

Riverview Commons presents a unique opportunity to acquire a strategically located mixed-use land parcel in the rapidly growing town of Knightdale, North Carolina. This exceptional property, situated at the signalized intersection of Hodge Road and Poole Road, encompasses between 19.22 and 26.84 acres and offers significant development potential. Approved in 2007 for a roughly 73,000-square-foot retail center, the site boasts excellent visibility and high traffic counts, with Hodge Road registering 12,000 AADT and Poole Road recording 10,000 AADT. Hodge Road's prominence as Knightdale's largest residential corridor is further enhanced by its convenient proximity to Interstates 540 and 440, attracting a substantial residential population. The planned I-540/Poole Road interchange, slated for completion in 2028 and located just one mile east, promises to significantly increase accessibility and further boost the property's value. This mixed-use zoning allows for a variety of development options, making it an ideal investment for both retail and multifamily projects. The property's prime location and future infrastructure improvements position it for exceptional growth and return on investment. This is a rare opportunity to capitalize on the burgeoning growth of Knightdale and secure a prominent position in this thriving market. The property is located in Wake County, North Carolina, with a zip code of 27610.

Property profile

Verified
Property type Retail properties & Spaces
Lot 19.22 ac (837,223 SF)

Cap rate & NOI

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

Location

Hodge & Poole Rds Knightdale, NC 27610
Knightdale 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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