1431 Broad St Fuquay-Varina, NC 27526
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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