Kioti Dr Wendell, NC 27591
- Retail properties
- 10.38 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Kioti Dr
- Lot size
- 10.38 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wendell
- County
- Wake
- State
- North Carolina
- Longitude
- -78.4187
- Latitude
- 35.8102
