Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

2451 Wendell Blvd Wendell, NC 27591

  • Retail space
  • 14,301 SF
  • 4.59 lot acres
Value Estimation
Location Intelligence
Property ID
US53-0075519
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 2451 Wendell Blvd

Year built
2007
Construction
BRICK
Lot size
4.59 lot acres
Property size
14,301 SF
Zone code
CH
Property type
Retail space
APN
1784.01-16-5487 0114187
APU
1784011654870114187

Description

This exceptional 2.9-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of Wendell, North Carolina. Located at 2451 Wendell Blvd, this property boasts significant frontage along Business 64/Wendell Boulevard, offering unparalleled visibility and accessibility. Its strategic position between Interstate 87 and downtown Wendell ensures high traffic volume and convenient access to a growing community. The property is zoned CH - Town of Wendell, and is particularly attractive due to its proximity to the future Wake Tech Wendell Campus, less than two miles away. The site is already partially developed, featuring a graded and pad-ready area, along with a partially completed parking lot. Some bioretention is already in place, and importantly, no further road improvements are required as the Fee in Lieu has been paid. The property is subject to subdivision, offering flexibility for various development scenarios. A site plan is available, highlighting potential uses such as a daycare center. This turnkey opportunity combines a desirable location, existing infrastructure, and development-ready features, making it an ideal investment for discerning buyers seeking a high-impact commercial project in a rapidly expanding market. The APN is 1784165487.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $595,000
  • CAP approach

    CAP return
    Estimation
    6%
    $530,000
    6.5%
    $540,000
    7%
    $515,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $495,000
    Geo Method
    $505,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $425,000
    Retail
    $500,000
    Mixed-Use
    $460,000
    Hospitality
    $510,000
    Educational
    $505,000
    Residential Income
    $490,000
    Energy
    $490,000
    Income-Based Land
    $560,000
    Food Service
    $500,000

Location Insight

  • Map
  • Local Demand
City
Wendell
County
Wake
State
North Carolina
Longitude
-78.3868
Latitude
35.7994
CBSA code
39580
CBSA name
RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,672
$367,825
$0.00
$367,825
-
$367,825
$0.00
$367,825
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message