Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1312 Main St Fuquay-Varina, NC 27526

    • Commercial real estate
    • 5.36 lot acres
    For Sale
    View listing
    $460,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-2355202
    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

    • Commercial real estate

    Property Details for 1312 Main St

    Lot size
    5.36 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 5.36-acre commercial land parcel is strategically located on South Main Street (Highway 401) in the thriving town of Fuquay-Varina, North Carolina. Priced at $460,000, this property presents a significant investment opportunity in a rapidly growing area. The site boasts a high traffic count of 11,500 vehicles per day, ensuring excellent visibility and accessibility for any commercial venture. Its HI zoning designation offers a range of development possibilities. Surrounding the property are new residential developments, indicating a strong and expanding community. The property's proximity to the recently constructed Fuquay-Varina Middle School (opened 2022/2023) further enhances its appeal. Existing easements are in place, and a potential blue stream may be present. Adding to the property's income potential, a billboard sign currently leases for an annual income of $5,000. Located in Wake County, NC, with the address 1312 S Main St, Fuquay-Varina, NC 27526, this property offers a unique blend of location, zoning, and potential for substantial return on investment. The property's prime location and high traffic volume make it an ideal site for a variety of commercial uses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fuquay-Varina
    County
    Wake
    State
    North Carolina
    Longitude
    -78.8052568
    Latitude
    35.5643831

    Comparable in this City

    • Contact for pricing
      0.76 Acres

      Fuquay-Varina Commercial Land Lots

      Prime NC land, pad-ready lots, high traffic.
      0 Bengal Blvd, Fuquay-Varina, NC 27526
      View Details
    • $1,500,000
      6.09 Acres

      Fuquay-Varina Industrial Land

      6.09 Acres, RLI Zoning, Excellent Location
      228 Technology Park Ln, Fuquay-Varina, NC 27526
      View Details
    • $2,900,000
      10.40 Acres

      Fuquay-Varina Commercial Land Opportunity

      10.4 Acres, Prime Location, $2.9M
      1250 Judd Pkwy, Fuquay-Varina, NC 27526
      View Details
    • $3,696,000

      Land Assemblage on S. Main

      Land assemblage at the intersection of S. Main and Judd Pkwy.
      Fuquay Varina, NC 27526
      View Details
    • New
      $65,000
      0.73 Acres

      Land Near Cape Fear River

      Two lots totaling 0.73 acres near Cape Fear River.
      101 Bay St, Fuquay Varina, NC 27526
      View Details
    • $65,000
      0.41 Acres

      Residential Lot Near Cape Fear

      0.41 acre lot with river access and amenities.
      161 Bay St, Fuquay Varina, NC 27526
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.76 Acres

      Fuquay-Varina Commercial Land Lots

      Prime NC land, pad-ready lots, high traffic.
      0 Bengal Blvd, Fuquay-Varina, NC 27526
      View Details
    • $1,500,000
      6.09 Acres

      Fuquay-Varina Industrial Land

      6.09 Acres, RLI Zoning, Excellent Location
      228 Technology Park Ln, Fuquay-Varina, NC 27526
      View Details
    • $2,900,000
      10.40 Acres

      Fuquay-Varina Commercial Land Opportunity

      10.4 Acres, Prime Location, $2.9M
      1250 Judd Pkwy, Fuquay-Varina, NC 27526
      View Details
    • $3,696,000

      Land Assemblage on S. Main

      Land assemblage at the intersection of S. Main and Judd Pkwy.
      Fuquay Varina, NC 27526
      View Details
    • New
      $65,000
      0.73 Acres

      Land Near Cape Fear River

      Two lots totaling 0.73 acres near Cape Fear River.
      101 Bay St, Fuquay Varina, NC 27526
      View Details
    • $65,000
      0.41 Acres

      Residential Lot Near Cape Fear

      0.41 acre lot with river access and amenities.
      161 Bay St, Fuquay Varina, NC 27526
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Fuquay-Varina Commercial Land Opportunity

      0.8-acre commercial lot, prime location.
      1950 Cinema Dr, Fuquay-Varina, NC 27526
      View Details
    • Contact for pricing

      Fuquay-Varina Commercial Land Opportunity

      13 Acres, Prime Wake County Location
      0 Main St & Nc 55 Hwy, Fuquay-Varina, NC 27526
      View Details
    • Contact for pricing
      195,167 SF

      Apex Retail Land Opportunity

      Prime Apex location, 195,167 SF available.
      0 Nc-55 & Clayton Rd, Apex, NC 27526
      View Details
    • $5 SF/Yr
      190,000 SF

      Prime Wake County Warehouse

      190,000 SF Warehouse - Available Now
      1730 5 Pts Ln, Fuquay-Varina, NC 27526
      View Details
    • $37 SF/Yr
      27 SF

      Retail Center with Available Space

      Multitenant retail center with spaces available for lease.
      1301 North Judd Pkwy Northeast |, Fuquay Varina, NC 27526
      View Details
    • Contact for pricing
      369,600 SF

      Fuquay Commerce Center: Class A Warehouses

      369,600 SF Warehouse Space Available
      1201 Nc 42, Fuquay-Varina, NC 27526
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1312 Main St
    Fuquay-Varina, NC 27526
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.