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    2316 Piney Grove-Wilbon Rd, Holly Springs, NC 27540

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    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.

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    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Permitted uses
    Allowed · conditional · prohibited
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