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Property profile & analytics
OFF-MARKET
Lifestyle centers

1005 Stadium Dr Wake Forest, NC 27587

2.19 ac lot
Entity Owned 1-yr Hold
Property ID
US53-4050566
Property summary
AI-generated overview

This exceptional 2.19-acre outparcel presents a unique investment opportunity in the thriving Wake Forest, North Carolina market. Located at 1005 Stadium Drive, this Class A property enjoys a highly visible position adjacent to the bustling Wake Forest Crossing Shopping Center. This premier shopping center boasts a strong lineup of national anchors including Kohl's, TJ Maxx, Michael's, Petco, Ross, Dollar Tree, and Lowe's Foods, ensuring consistent high traffic flow and strong consumer demographics. The site's strategic location on Stadium Drive, a main thoroughfare off Capital Boulevard, provides excellent accessibility and visibility. Situated between an existing multi-tenant building and Wake Forest Dental Arts, this property benefits from established surrounding businesses and a dense concentration of consumers. The property is zoned Highway Business (HB), offering flexibility for a wide range of retail and office uses, catering to the area's affluent middle and upper-income population, consistent with the overall demographics of Wake Forest. This presents a rare chance to acquire a well-positioned parcel in a rapidly growing area with significant potential for future development and strong returns. The site's proximity to major retailers and its high-traffic location make it an ideal investment for both established businesses and new ventures seeking a prime location in a thriving community. This is a truly exceptional opportunity not to be missed.

Property profile
Verified
Property type Lifestyle centers
Lot 2.19 ac (95,396 SF)
UPID US53-4050566
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Trilandco LLC · 1 yrs held
Trilandco LLC
since 2025
2 recorded transactions
2025
Price N/A
2018
$5.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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