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Property profile & analytics
OFF-MARKET
Shopping centers

11220 Capital Blvd Wake Forest, NC 27587

0.96 ac lot
Entity Owned 1-yr Hold
Property ID
US53-0683177
Property summary
AI-generated overview

This exceptional 0.96-acre commercial land parcel presents a unique investment opportunity in the thriving town of Wake Forest, North Carolina. Located directly adjacent to a Walmart shopping center, this property benefits from the high visibility and substantial foot traffic associated with a major retail anchor. The site is ideally situated at 11220 Capital Blvd, Wake Forest, NC 27587, within Wake County, offering easy access to major transportation routes and a densely populated residential area. The land is flat and ready for development, with utilities already in place, simplifying the construction process and reducing upfront costs. Zoned HB (Hwy Business), this parcel is suitable for a wide range of commercial uses, making it an attractive prospect for investors seeking a strong return on investment. The asking price is $425,000. This prime location in a rapidly growing North Carolina suburb of Raleigh offers significant potential for future appreciation and strong rental income. The property's proximity to Walmart ensures consistent exposure to a large customer base, making it an ideal location for complementary businesses or retail establishments. Don't miss this chance to acquire a highly desirable commercial outparcel in a booming market.

Property profile
Verified
Property type Shopping centers
Lot 0.96 ac (41,818 SF)
UPID US53-0683177
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
Wake County Farm Bureau · 1 yrs held
Wake County Farm Bureau
since 2024
1 recorded transaction
2024
$400,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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