Property summary
Exceptional retail investment opportunity in Wendell, NC's thriving Wendell Commerce Center. These outparcels, ranging from 1.78 to 2.28 acres, are priced at $1,000,000 per acre and are available for sale or lease. Located on Wendell Blvd in Wake County (zip code 27591), the property boasts exceptional visibility and accessibility, situated adjacent to the new Wake Tech Eastern 4.0 Campus and the intersection of I-87/US 264, experiencing high traffic counts exceeding 52,500 vehicles per day on I-87 and 20,000 vehicles per day on US 64 Bus (Wendell Boulevard). This strategic location within a new 257-acre mixed-use community offers significant growth potential. The development plan includes up to 650 multifamily units, along with additional single-family homes and townhomes, creating a substantial residential base for retail businesses. Multifamily housing is planned directly adjacent to these outparcel sites, ensuring a built-in customer base. The area benefits from a rapidly growing population and proximity to East Wake High School and the expansive 106-acre Wake Tech campus, offering programs in engineering, biopharmaceutical technology, robotics, and intelligent automation. The nearby Wendell Falls community, upon completion, will encompass approximately 14,000 homes, further enhancing the long-term prospects of this exceptional retail investment.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.