Entity Owned Property summary
This exceptional 1.51-acre commercial land parcel presents a unique investment opportunity in Wake Forest, North Carolina. Situated at 1080 Forestville Road, this corner outparcel benefits from a signalized intersection within the thriving Shoppes at Heritage Village, a grocery-anchored community center experiencing high traffic volume—an estimated 18,000 vehicles daily. The property is fully approved for car wash development, eliminating lengthy permitting processes and allowing for immediate project commencement. Detailed plans for the car wash are already in place, streamlining the development timeline. The site's zoning is Neighborhood Business, ensuring compatibility with the surrounding commercial landscape. Its convenient location near Heritage Elementary, Middle, and High Schools contributes to a strong and consistent customer base. Wake County PIN 1749587900 further identifies this exceptional property. This is a turnkey opportunity for investors seeking a high-traffic, fully approved car wash site in a rapidly growing area. Don't miss this chance to capitalize on this prime location and established community.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Neighborhood Business District is established as a district in which the principle use of land is for retail trade and services purposes of a lower intensity than the Highway Business (HB) District. Such districts ar…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
NB · Wake Forest, NCThe Neighborhood Business District is established as a district in which the principle use of land is for retail trade and services purposes of a lower intensity than the Highway Business (HB) District. Such districts ar…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Neighborhood Business District is established as a district in which the principle use of land is for retail trade and services purposes of a lower intensity than the Highway Business (HB) District. Such districts ar…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NB in Wake Forest, NC.
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