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    OFF-MARKET
    Retail properties & Spaces

    0 Hodge & Poole Rds, Knightdale, NC 27610

    19.22 ac lot
    Property ID
    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
    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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