5724 Creedmoor Rd Raleigh, NC 27612
- Commercial real estate
- 20,909 SF
- 0.55 lot acres
Current Use by Public Records
- Jorge & Sons Electricians LLC / Electrician
Property Details for 5724 Creedmoor Rd
- Lot size
- 0.55 lot acres
- Property size
- 20,909 SF
- Property type
- Commercial real estate
- APN
- 0796487663
Description
This exceptional 0.55-acre commercial parcel, located at 5724 Creedmoor Rd in Raleigh, NC (zip code 27612), presents a compelling investment opportunity. The property boasts a substantial 20,909 square feet and is zoned OX-3-CU, allowing for a diverse range of uses. Its strategic location just off the I-440 Beltline ensures convenient access and high visibility, making it ideal for a variety of commercial ventures. The asking price is $500,000, translating to $23.91 per square foot. The property's APN is 0796487663. Wake County's projected 23% population increase within the next year further enhances the property's long-term potential. This prime location offers significant advantages for businesses seeking high traffic and easy access to a growing population. The flexibility of the OX-3-CU zoning opens doors to various possibilities, including retail, medical, residential, and service-oriented businesses. This makes it an attractive investment for developers and entrepreneurs looking to capitalize on Raleigh's thriving market. Don't miss this chance to acquire a strategically located commercial property in a rapidly expanding area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.680165
- Latitude
- 35.861506