512 Eagle Rock Rd Wendell, NC 27591
- Commercial real estate
- 49.30 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 512 Eagle Rock Rd
- Lot size
- 49.30 lot acres
- Property type
- Commercial real estate
Description
Exceptional opportunity to acquire a substantial multifamily land parcel in the thriving Wendell Commerce Center Planned Use Development (PUD) in Wake County, North Carolina. This strategically located site, encompassing approximately 49.3 acres, offers the potential to develop up to 650 multifamily units. The PUD, approved in November 2022, presents a fully entitled development opportunity, eliminating significant pre-development hurdles. The property's address is 512 Eagle Rock Rd, Wendell, NC 27591, and is situated near the intersection of I-87 and US 64 Business (Wendell Boulevard). This high-growth area benefits from its proximity to major employers, retail amenities, and existing residential communities, creating a dynamic live-work-play environment. Within a 20-minute radius, residents will find numerous conveniences, including downtown Raleigh and Raleigh-Durham International Airport. The acreage is approximate and subject to final platting. This is a rare chance to capitalize on the robust residential demand in one of the fastest-growing areas of the United States. Contact for pricing.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wendell
- County
- Wake
- State
- North Carolina
- Longitude
- -78.4193187
- Latitude
- 35.8027867
