Property profile

4002 Raleigh Road Pkwy W Wilson, NC 27896

FOR SALE
Land
Property ID
US53-4266888
4,485 SF 1.9 ac lot Built 1990
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4002 Raleigh Road Pkwy W, Wilson, NC 27896 For Sale
$1,900,000 4,485 SF
4002 Raleigh Road Pkwy W, Wilson, NC 27896
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Property summary

AI-generated overview

This exceptional 1.9-acre commercial land parcel, located at 4002 Raleigh Road Parkway West in Wilson, North Carolina (27896), presents a significant investment opportunity. The property boasts 4,485 square feet and is zoned GC, offering considerable flexibility for a variety of commercial developments. Built in 1990, this site benefits from its high-traffic location on Raleigh Road Parkway, providing excellent visibility and accessibility. Nearby amenities include restaurants, car dealerships, and apartment complexes, ensuring a robust customer base. The asking price is $950,000, translating to $211.82 per square foot. The property's APN is 3702594871.000. This lot offers the potential for synergy with an adjacent 0.85-acre parcel (not included in this listing), creating a combined 2.75-acre tract for a larger-scale development. The combined property price for both lots is $1,600,000. This prime location is ideal for a restaurant, shopping center, office complex, or other commercial venture. Seize this chance to acquire a highly desirable commercial property in a thriving area. The property is situated in Wilson County, North Carolina.

Property profile

Verified
Property type Land
Year built 1990
Total area 4,485 SF
Lot 1.9 ac (82,764 SF)
UPID US53-4266888

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4002 Raleigh Road Pkwy W Wilson, NC 27896
Wilson metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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