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    OFF-MARKET
    Retail properties & Spaces

    0 Buffaloe Rd & Forestville Rd, Raleigh, NC 27616

    122,839 SF 2.82 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail and land opportunity in Wake County, NC, presents 122,839 square feet of total building space, with 2,590 square feet currently vacant across three available spaces. Situated on a 2.82-acre lot (with a buildable area between 1.38 and 1.44 acres), this property boasts a prime location in Northeast Raleigh, offering excellent visibility and accessibility. The site benefits from its proximity to I-540, Raleigh's outer belt, ensuring convenient access for customers and employees. A planned Publix-anchored center directly across the street further enhances the property's appeal and provides a strong anchor tenant. This location is ideal for a variety of uses, including quick-service restaurants (QSR), medical offices, and retail establishments. The high-growth area guarantees significant annual traffic increases, making this an exceptional investment opportunity with strong potential for long-term growth and return. The property's multiple tenancy allows for flexibility and diverse income streams. This is a rare chance to secure a well-positioned commercial property in one of Raleigh's most dynamic areas.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 122,839 SF
    Lot 2.82 ac (122,839 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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