7600 Ten-Ten Rd Raleigh, NC 27603
- Land
- 10.38 lot acres
Current Use by Public Records
- Land
Property Details for 7600 Ten-Ten Rd
- Lot size
- 10.38 lot acres
- Property type
- Land
Description
This ±10.38-acre development site presents a unique investment opportunity in the rapidly growing Fuquay-Varina submarket of the Raleigh, NC MSA. Located at 7600 Ten-Ten Rd, Raleigh, NC 27603, this property offers versatile development possibilities, catering to the increasing demand for both commercial and residential spaces. Its strategic location provides convenient access to major employers, retail centers, and essential services within Fuquay-Varina, and enjoys excellent connectivity to key thoroughfares like Fayetteville Road, Ten Ten Road, and Lake Wheeler Road. Future residents will benefit from a short commute to downtown Raleigh (approximately 18 minutes), offering access to a wide array of amenities including the Red Hat Amphitheater, North Carolina Museum of Art, North Carolina State University, and Cary Towne Center. West of Raleigh, residents will also find the PNC Arena, Crabtree Valley Mall, Raleigh-Durham Airport, and Streets at Southpoint. The site's potential is further enhanced by the significant population growth and a notable 21% rent increase observed in the Fuquay-Varina MSA over the past three years, making it an attractive proposition for build-for-rent projects. This prime location, coupled with the strong local renter support and multiple development options, makes this a compelling investment opportunity. The property is zoned for both commercial and residential use, offering flexibility for a variety of development plans.
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
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.7068
- Latitude
- 35.6693
