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Property profile & analytics
OFF-MARKET
Commercial real estate

1431 Broad St Fuquay-Varina, NC 27526

7.57 ac lot
Entity Owned 6-yr Hold
Property ID
US53-1522906
No photo on file
Map unavailable
Property summary
AI-generated overview

This exceptional 7.57-acre commercial land parcel in Fuquay-Varina, North Carolina, presents a remarkable investment opportunity. Located at 1431 N. Broad Street, this property boasts a prime location on US Highway 55, offering unparalleled visibility and accessibility. With over 857 feet of road frontage (516 feet on Broad Street and 341 feet on Judd Parkway, each with one curb cut), this level lot is ideally suited for a variety of commercial uses. The Planned Unit Development (PUD) zoning permits commercial retail, office, or medical developments. The property benefits from a high daily traffic volume of approximately 30,000 vehicles per day on Highway 55, ensuring significant exposure for any business. Public utilities are readily available. Situated in the rapidly growing Southwest Wake County submarket, this location offers easy access to Interstate 540 (six miles away) and is conveniently close to downtown Fuquay-Varina, Research Triangle Park, Raleigh, Durham, and Chapel Hill. The asking price for this exceptional property is $3,650,000. This is a rare chance to acquire a strategically positioned land parcel in one of North Carolina's most dynamic and expanding communities. The level topography and ample road frontage make this an ideal site for immediate development.

Property profile
Verified
Property type Commercial real estate
Lot 7.57 ac (329,749 SF)
UPID US53-1522906
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
Chasjen Land Holdings LLC · 6 yrs held
Chasjen Land Holdings LLC
since 2020
2 recorded transactions
2024
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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