You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate

557 Olives Chapel Rd Apex, NC 27502

Property ID
US53-1960906
Property summary
AI-generated overview

This exceptional 12.8-acre estate lot in Apex, North Carolina, presents a rare opportunity for discerning buyers. Located at 557 Olives Chapel Road, this property boasts a generous 2,690 square foot lot size and is zoned R-1, offering a multitude of development possibilities. The land features open fields and a tranquil pond, creating a picturesque setting ideal for a hobby farm, equestrian pursuits, or simply enjoying the peace and quiet of country living. The property's unrestricted nature, coupled with the absence of a homeowner's association (HOA) and covenants, provides unparalleled freedom and flexibility. Imagine parking boats or RVs without restrictions. This location offers the best of both worlds: the convenience of proximity to major urban centers like Raleigh-Durham International Airport (RDU), Research Triangle Park (RTP), Downtown Cary, and Apex, while enjoying the lower taxes of Chatham County. The property is situated a few hundred yards from Army Corps land and less than a mile from the shores of Jordan Lake, providing additional recreational opportunities. The existing three-bedroom, three-bathroom home and outbuildings offer potential for renovation or serve as temporary accommodations while building your dream home. This is a truly unique opportunity to own a substantial piece of land in a highly desirable location. Asking price is $2,500,000. The property's zip code is 27502.

Property profile
Verified
Property type Commercial real estate
UPID US53-1960906
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 557 Olives Chapel Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message