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    OFF-MARKET
    Land

    98 Hwy, Wake Forest, NC 27587

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1-acre commercial outparcel presents a prime development opportunity in the thriving Wake Forest, North Carolina market. Strategically located at the intersection of Hwy 98 and Durham Rd, this property boasts unparalleled visibility and accessibility. The site offers A+ road frontage, ensuring maximum exposure to high volumes of daily traffic. Its convenient location provides easy access to US 1/Capital Blvd, further enhancing its appeal to a wide range of businesses. The single-tenancy nature of this land parcel allows for complete design flexibility and control, making it ideal for a variety of commercial ventures. This is a rare opportunity to secure a highly visible and strategically positioned commercial property in a rapidly growing area. The property's location in Wake Forest, NC, zip code 27587, offers a strong demographic profile and a robust local economy. The 1-acre lot provides ample space for development, allowing for significant build-out potential. This is an exceptional investment opportunity for businesses seeking a high-impact location with excellent visibility and accessibility. Don't miss this chance to establish your business in a prime Wake Forest location. The property is zoned for commercial use (specific zoning information should be independently verified).

    Property profile
    Verified
    Property type Land
    Lot 1 ac (43,560 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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