Property profile

2316 Piney Grove-Wilbon Rd Holly Springs, NC 27540

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 81-acre parcel presents a unique development opportunity in the rapidly growing Southwest Wake County, North Carolina. Situated at 2316 Piney Grove-Wilbon Rd, Holly Springs, NC 27540 (35.595334, -78.842725), this corner lot offers unparalleled potential for residential development, capitalizing on the area's burgeoning growth. The property boasts a picturesque setting, featuring a serene pond and mature trees throughout the primarily wooded landscape. Its strategic location between the thriving downtowns of Holly Springs and Fuquay-Varina provides easy access to community amenities and the high quality of life these towns are known for. Both Holly Springs and Fuquay-Varina are experiencing significant expansion, making this land ideally positioned for a residential community or a mixed-use development that caters to the increasing demand for housing in the area. The natural beauty of the site, combined with its prime location, presents an exceptional opportunity to create a thriving and desirable residential haven. This is a chance to build a landmark community in Wake County, leveraging the area's continued growth and the property's inherent appeal. The property is classified as both commercial and residential land, offering flexibility in development plans.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2316 Piney Grove-Wilbon Rd Holly Springs, NC 27540
Holly Springs metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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