For Sale
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Property summary
Lee & Associates Raleigh-Durham is pleased to present the opportunity to acquire two multifamily sites within the Wendell Commerce Center Planned Use Development (PUD). Strategically located at the intersection of I-87 and US 64 Business (Wendell Boulevard), this ±257-acre development will bring considerable commercial and residential growth to the eastern side of Wake County. The PUD permits up to 650 multifamily units. With major employers, retail, and residential located in close proximity, this development opportunity is situated in a dynamic live-work-play area in one of the top metro areas of the United States. Within a twenty-minute drive of the property are dozens of amenities, downtown Raleigh and the Raleigh-Durham International Airport
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
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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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