Property profile

0 Wakefield Pne & New Fls Of Neuse Rd Raleigh, NC 27614

OFF-MARKET
Retail properties & Spaces
40,511 SF
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Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Total area 40,511 SF

Cap rate & NOI

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

Location

Wakefield Pne & New Fls Of Neuse Rd Raleigh, NC 27614
Raleigh metro
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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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