Property profile

0 Franklin St Wake Forest, NC 27587

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 1.1-acre commercial land parcel presents a unique investment opportunity in the thriving Holding Village area of Wake Forest, North Carolina. Located on S Franklin St, this property is zoned (NMX-CU) within Wake County, offering significant potential for a variety of commercial developments. The single-tenant zoning allows for focused development, minimizing complexities associated with multi-tenant projects. The expansive lot size provides ample space for construction, ensuring flexibility in design and functionality for your future project. Its strategic location within Holding Village offers excellent visibility and accessibility, making it an ideal site for businesses seeking high foot traffic and convenient access for customers. The property's address is easily identifiable, ensuring convenient navigation for potential clients and employees. This prime location in Wake Forest, NC, zip code 27587, provides access to a growing population and robust local economy. The property is available for sale or ground lease, offering flexibility to suit various investment strategies. Serious inquiries are encouraged to explore the possibilities this exceptional commercial land parcel offers. Detailed zoning information and development guidelines are readily available upon request. Don't miss this chance to secure a prominent location in a rapidly developing area.

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

Franklin St Wake Forest, NC 27587
Wake Forest metro
Google Maps

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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