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    OFF-MARKET
    Retail properties & Spaces

    0 Franklin St, Wake Forest, NC 27587

    1.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.1-acre commercial parcel presents a unique investment opportunity in the thriving Holding Village area of Wake Forest, North Carolina. Located on South Franklin Street, this property boasts prominent visibility and high traffic counts, with approximately 20,000 cars passing daily. The lot is zoned NMX-CU, allowing for a variety of commercial uses. Its prime location offers stunning sunset views overlooking Holding Lake and is adjacent to a neighborhood amenity center, creating an ideal setting for a restaurant, bar, or other gathering-oriented business. For ground lease options, a rough-graded pad will be provided, simplifying development. The asking price for this remarkable property is $1,250,000. This location offers unparalleled access to a dense residential population and high daily traffic volume, making it an exceptional opportunity for a business seeking high visibility and strong potential for growth. The property's proximity to Holding Lake and the neighborhood amenity center adds significant appeal and enhances the overall desirability of the location. Don't miss this chance to secure a prime commercial site in a rapidly growing community.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 1.1 ac (47,916 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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