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10020-1002 Fanny Brown Rd Raleigh, NC 27603

OFF-MARKET Land Google Maps
39.19 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 39.19-acre property, located at 10020-1002 Fanny Brown Rd, Raleigh, NC 27603, presents a unique opportunity to build a large estate residence in Wake County. Zoned R30, this unimproved land offers ample space for a custom home and extensive grounds. Features include a pond created by previous owners, making it particularly attractive for those with horses. Conveniently situated near the I-540 loop (1.7 miles from Old Stage Rd interchange and 3.1 miles from Wake Tech/US 401 interchange), this location provides easy access to Raleigh and the greater Triangle area, offering a blend of rural tranquility and proximity to employment centers, excellent schools, and major transportation routes. The property is currently vacant and not part of a subdivision. The 2023 annual tax amount is $7,151. Directions: From Fuquay Varina, travel north on US 401 to Banks Road. Turn right at Sheetz, proceed to Fanny Brown and Banks Roads, and turn left. The property is on the left, one lot from the intersection. The lot size is approximately 1,707,116 square feet. This offering is held by a family trust and is priced at $1,765,000.

Property profile

Verified
Property type Land
Lot 39.19 ac (1,707,116 SF)

Cap rate & NOI

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

Value estimations

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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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