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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    3909 Arrow Dr, Raleigh, NC 27612

    0.82 ac lot
    Entity Owned 7-yr Hold
    Property ID
    US53-3867514
    Property summary
    AI-generated overview

    This exceptional 0.818-acre commercial land parcel in Raleigh, North Carolina, presents a unique investment opportunity. Located on Arrow Drive near Crabtree Valley Mall, this property boasts convenient access to major thoroughfares including US 70 (Glenwood Avenue), NC 50 (Creedmoor Road), and I-440/US 1. Zoned OP-7, permitted uses include overnight lodging, making it ideal for hospitality development. A 78-key hotel concept plan is available for review. The property's prime location offers high visibility and accessibility, catering to both business and leisure travelers. The Wake County PIN is 0795694079. This offering includes seller financing options, making it an attractive proposition for developers seeking a strategic location in a thriving market. The asking price for this exceptional property is $1,550,000. This is a rare opportunity to acquire land in a high-demand area with significant development potential. Don't miss out on this chance to secure a prime location for your next hospitality venture.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.82 ac (35,632 SF)
    APN 0795694079
    UPID US53-3867514
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Tiger Crabtree LLC · 7 yrs held
    Tiger Crabtree LLC
    since 2019
    1 recorded transaction
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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