Franklin St Wake Forest, NC 27587
- Retail properties
- 1.10 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Franklin St
- Lot size
- 1.10 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wake Forest
- County
- Wake
- State
- North Carolina
- Longitude
- -78.5105
- Latitude
- 35.9636
