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    0 S Franklin St | Wake Forest, NC 27587 Wake Forest, NC 27587

    • Commercial land
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 0 S Franklin St | Wake Forest, NC 27587

    Property type
    Commercial land
    Property subtype
    Land

    Description

    Holding Village is a master planned development located in idyllic Wake Forest, North Carolina, approximately 18 miles northeast of Raleigh. The community is planned around the pristine 15-acre Holding Lake and at full build out will have up to 1,350 residential units, including single-family homes, townhomes and multifamily units. Highlights ±1.1-acre for sale or ground lease Frontage on S. Franklin Street, adjacent to Holding Lake and neighborhood amenity center Prominent sunset view overlooking Lake Holding ideal for bar and restaurant gathering Rough graded pad will be provided for ground lease ±20,000 cars per day on S. Franklin Street Commercial zoning (NMX-CU) Sale Price: $1,250,000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wake Forest
    County
    State
    North Carolina
    Longitude
    -78.5097228
    Latitude
    35.9798734

    Comparable in this City

    • Value Estimation by Request

      Main St

      Land
      0 Main St, Wake Forest, NC 27587
      View Details
    • Value Estimation by Request

      Dr Calvin Jones Hwy

      Land
      0 Dr Calvin Jones Hwy, Wake Forest, NC 27587
      View Details
    • Value Estimation by Request

      Franklin St

      Land
      0 Franklin St, Wake Forest, NC 27587
      View Details
    • Value Estimation by Request
      1.56 Acres

      Retail Dr And Warmoven St

      Land • 1.56 Acres
      0 Retail Dr And Warmoven St, Wake Forest, NC 27587
      View Details
    • Value Estimation by Request
      4.36 Acres

      Dr Calvin Jones Hwy

      Multifamily properties • 4.36 Acres
      0 Dr Calvin Jones Hwy, Wake Forest, NC 27587
      View Details
    • Value Estimation by Request
      1.00 Acre

      98 Hwy

      Land • 1.00 Acre
      98 Hwy, Wake Forest, NC 27587
      View Details

    Similar Nearby for Sale

    • $1,000,000
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      Forestville Road Commercial Outparcel

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      Downtown Wake Forest Land Opportunity

      Prime 0.87-acre commercial lot
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      Wake Forest Land with Structures

      Two parcels in growing area with existing buildings and utilities.
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      Wake Forest Residential Land

      11.79 Acres, Prime Development Site
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    • $1,250,000
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      Holding Village Commercial Land

      1.1-Acre Commercial Lot, Wake Forest, NC
      0 Franklin St, Wake Forest, NC 27587
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    • $425,000
      0.96 Acres

      Wake Forest Walmart Outparcel Land

      High-traffic location, prime development opportunity.
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    Similar Nearby for Lease

    • Contact for pricing
      189,922 SF

      Wake Forest Commercial Land Opportunity

      4.36-Acre Commercial Site in Wake Forest, NC
      0 Dr Calvin Jones Hwy, Wake Forest, NC 27587
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    • Contact for pricing

      Wake Forest Commercial Land Opportunity

      1.1-Acre Commercial Lot, Prime Location
      0 Franklin St, Wake Forest, NC 27587
      View Details
    • Contact for pricing

      Wake Forest Commercial Parcel

      1.1-acre commercial parcel for sale or ground lease.
      S Franklin St, Wake Forest, NC 27587
      View Details
    • Contact for pricing
      4 SF

      Wake Forest Commercial Land Parcel

      4.36-acre commercial land for sale or ground lease.
      Dr. Calvin Jones Hwy, Wake Forest, NC 27587
      View Details
    • Contact for pricing

      Wake Forest Retail Space Available

      Prime Wake Forest location, multiple spaces, high visibility.
      14460 New Fls Of Neuse Rd, Wake Forest, NC 27587
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    • Contact for pricing
      164,790 SF

      Wake Forest Exchange: R&D Space

      Prime Wake Forest R&D space available.
      0 Star Rd And Capital Blvd, Wake Forest, NC 27587
      View Details
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    Wake Forest, NC 27587
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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