0 Lakestone Cmns Ave Fuquay-Varina, NC 27526
This exceptional 8.55-acre commercial development property presents a unique investment opportunity in the thriving town of Fuquay-Varina, North Carolina. Located directly behind Kohl's, this strategically positioned land boasts town approval for flexible development, encompassing retail, office, industrial, or flex-space uses. Preliminary architectural drawings showcase a potential 7,000 square-foot building, with the capacity for a second floor to double the potential size and revenue generation. The property offers significant buildable acreage (approximately 6 buildable acres), and is conveniently situated near major transportation arteries, including Highways 401, 55, and 42. Public utilities are readily available. Fuquay-Varina's robust growth is further underscored by the proximity of a new WakeMed Hospital and the planned 100-acre Target mixed-use complex. This prime location offers unparalleled access to a growing population and a diverse economic base, making it an ideal site for a variety of commercial ventures. The asking price for this exceptional property is $1,600,000. Don't miss this chance to secure a prominent position in one of North Carolina's fastest-growing communities.
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
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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.