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    FOR SALE
    Commercial real estate

    6109 Oak Forest Dr, Raleigh, NC 27616

    2 ac lot
    Property ID
    US53-1326242
    6109 Oak Forest Dr, Raleigh, NC 27616 For Sale
    $2,200,000
    6109 Oak Forest Dr, Raleigh, NC 27616
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    Property summary
    AI-generated overview

    This exceptional 2-acre commercial land parcel in Raleigh, North Carolina, presents a significant investment opportunity. Located at the highly visible corner of Old Wake Forest Road and Oak Forest Drive, this property benefits from a fully signalized intersection with an impressive average daily traffic count of 18,500 vehicles (2023 data). The IX-3 zoning allows for a diverse range of commercial uses, including retail, restaurants, and fuel sales, providing flexibility for various business ventures. The property's size and location make it ideal for substantial development. The asking price is $2,200,000. Parcel numbers are 1726099848 & 1726098967. The property is located in Wake County, North Carolina, with a zip code of 27616. This is a 100% ownership opportunity. The property is offered for sale by owner. This prime location offers immense potential for growth and success in a dynamic market. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2 ac (87,120 SF)
    APN 1726099848 & 1726098967
    UPID US53-1326242
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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