11220 Capital Blvd Wake Forest, NC 27587
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.