98 Hwy, Wake Forest, NC 27587
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).
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
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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.