Property profile

0 Kioti Dr Wendell, NC 27591

OFF-MARKET
Retail properties & Spaces
10.38 ac lot
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Property summary

AI-generated overview

This exceptional 10.38-acre commercial property in Wendell, North Carolina, presents a significant investment opportunity. Strategically located near the intersection of I-87/US Hwy 64 on Rolesville Road, adjacent to East Wake High School, this land boasts a prime location with high visibility. The property is zoned for commercial use, with a future land use designation of Employment Center. All utilities are readily available on-site. The offering includes three parcels, which can be purchased individually or as a whole. Parcel 1 encompasses 7.79 acres, priced at $4,284,500 ($550,000 per acre). Parcel 2 comprises 2.46 acres, listed at $2,337,000 ($950,000 per acre). Finally, Parcel 3 is a smaller 0.13-acre lot priced at $73,616 ($13 per square foot). Wake County PINs for the parcels are 1775106134, 1775103147, and 1774192901. This property offers substantial potential for development in a rapidly growing area. The asking price for the entire 10.38-acre tract is $6,695,116. This is a rare opportunity to acquire a large, well-located commercial parcel in a thriving North Carolina market.

Property profile

Verified
Property type Retail properties & Spaces
Lot 10.38 ac (452,153 SF)

Cap rate & NOI

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

Location

Kioti Dr Wendell, NC 27591
Wendell 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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