0 Fern Valley Ln Apex, NC 27523
This exceptional investment opportunity presents 12.73 acres of cleared land in Apex, North Carolina, within Wake County. Currently utilized as an active airfield, this property consists of two combined parcels (REID 0222309 and REID 0099971), totaling 11.46 acres and 1.27 acres respectively. The land is entirely cleared and ready for development. Importantly, both parcels are being sold together and will not be sold individually. The property is situated within the Apex municipality but remains under the county's jurisdiction. Access to the property is strictly by appointment only; unscheduled visits are prohibited. The asking price for this unique offering is $2,900,000. This presents a rare chance to acquire a significant land holding with existing airfield infrastructure in a rapidly growing area. Serious inquiries only.
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.