2136 Main StFuquay-Varina, NC 27526

Property Details for 2136 Main St

Year built

2006

Construction

BRICK

Lot size

0.84 AC

Property size (Sq ft)

1,925 SF

Zone code

GC

Property type

Healthcare properties

Property subtype

Medical offices

APN

0677.01-45-6387 0013447

APU

677014563870013447

Description

This exceptional 0.84-acre commercial land parcel, located at 2136 N Main Street in Fuquay-Varina, NC 27526, presents a compelling redevelopment opportunity. The property boasts 210 feet of frontage and includes a 1,925 square foot building. Currently leased at $6,250 per month ($75,000 annually), this site offers significant income potential. Its prime location directly on Highway 401 in Wake County ensures high visibility and accessibility. The property is zoned for both General Commercial (GC) and Highway Corridor Overlay (HCO) districts. GC zoning allows for a diverse range of uses, including retail, office, institutional, and service establishments. HCO zoning encourages vibrant commercial development along major highways while maintaining efficient traffic flow. This parcel is designated Suburban Commercial, suitable for uses such as multi-tenant strip centers, big-box stores, retail, dining, entertainment, hotels, and leisure facilities. This is an ideal investment for developers seeking a high-traffic location with flexible zoning options in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $475,768

  6.5%

  $439,171

  7%

  $407,801

• Comparable approach

  Method

  Valuation

  Relative Method

  $494,921

  Geo Method

  $441,864

• Alternative Use

  Use

  Valuation

  Residential

  $544,572

  Hospitality

  $498,825

  Educational

  $415,016

  Medical

  $429,289

  Retail

  $645,581

Location Insight

City

Fuquay Varina

County

Wake

State

North Carolina

Latitude

35.6053

Longitude

-78.7487

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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