4925 Sunset Lake Rd Apex, NC 27539
This exceptional 19.79-acre parcel in Apex, North Carolina, presents a remarkable opportunity for residential, multifamily, or mixed-use development. Located at 4925 Sunset Lake Rd, Wake County, zip code 27539, this property boasts an enviable location adjacent to the new I-540 extension, significantly enhancing accessibility and attracting future residents and businesses. The R-30 zoning designation allows for a variety of development options, maximizing the potential return on investment. Furthermore, the site is classified as a "Regional Center" in the Holly Springs Northeast Gateway Plan, encouraging high-intensity development and reflecting the area's growth trajectory. The surrounding area demonstrates strong demographics, with an average household income exceeding $142,000 within a 3-mile radius, indicating a robust and affluent market. Families are drawn to the area's exceptional school district, including the highly-rated Holly Springs High School and the upcoming H-12 High School, further supporting the long-term growth potential of this prime location. The asking price for this exceptional property is $7,000,000. This is a rare opportunity to acquire a significant land parcel in a rapidly developing area with exceptional potential for substantial returns.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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