0 Wakefield Pne & New Fls Of Neuse Rd, Raleigh, NC 27614
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.