Property summary
This exceptional 12.17-acre mixed-use property presents a remarkable investment opportunity in Wake Forest, North Carolina. Strategically located along US-1 and Capital Boulevard, this land enjoys a prime position within the Six Forks/Falls of Neuse submarket, a rapidly developing area. Its location along a major commuting corridor ensures high visibility and accessibility. The property is zoned HB CD, offering flexibility for a variety of commercial and residential developments. Proximity to downtown Wake Forest (2.0 miles) and downtown Raleigh (18.8 miles) further enhances its appeal. The site's ideal location makes it particularly well-suited for multifamily development, catering to the growing demand for housing in this desirable area. This significant land parcel offers substantial potential for developers seeking to capitalize on the area's robust growth trajectory. Serious inquiries should include purchase price, capital source (debt and equity), earnest money deposit details, due diligence period, and closing period. Shorter due diligence periods will be given favorable consideration.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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