Property summary
This exceptional commercial property, located at the intersection of Wakefield Pines and New Falls of Neuse Road in Raleigh, North Carolina, presents a significant opportunity for retail development. The property, known as Wakefield Crossings, offers a substantial 40,511 square feet of vacant space on a 0.93-acre lot. Designated as a retail pad, this single-tenant site is ideally suited for a variety of businesses seeking high visibility and accessibility. The property's location within Wake County, zip code 27614, ensures convenient access to a thriving consumer base. The expansive square footage provides ample room for a large-scale retail operation or a unique concept requiring significant space. The property type encompasses retail, land, and restaurant uses, offering flexibility for potential tenants. With its prominent location and substantial size, this property represents a rare opportunity to establish a significant presence in a dynamic Raleigh market. The vacant status allows for complete customization to meet the specific needs of a new tenant. This is a single-tenant property, ensuring exclusive use and control of the entire space. Interested parties are encouraged to explore the potential of this exceptional retail opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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