2 Lakestone Cmns Ave Fuquay-Varina, NC 27526
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 2 Lakestone Cmns Ave
- Lot size
- 0.96 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional 0.96-acre commercial lot (Lot 2) in Fuquay-Varina, NC, is priced at $1,250,000. Located within a thriving 50-townhome mixed-use development, it boasts a prominent position across from Chick-fil-A and Dunkin' Donuts, and near Kohl's. The property is zoned for retail, restaurant, or office use, offering significant potential for various commercial ventures. Its strategic location provides easy access to major roadways including Judd Parkway, Highway 55, and Highway 401, ensuring high visibility and convenient access for customers and employees. The area benefits from the proximity of existing hospitals, including the new WakeMed facility, and a planned 100-acre mixed-use development, promising continued growth and increased property value. The lot offers approximately 41,911 square feet, with room for a building footprint of up to 5,000 square feet, depending on the intended use and parking requirements. A portion of the lot includes a shared parking easement with Applebee's. Utilities (water and sewer) are stubbed to the property line, and a stormwater pond is in place. A curb cut from Carrickbrack Street is also provided. While some site work will be necessary to achieve "pad-ready" status, this property presents a remarkable opportunity for investors seeking a high-growth location in a dynamic community.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fuquay-Varina
- County
- Wake
- State
- North Carolina
- Longitude
- -78.767
- Latitude
- 35.5902
