6109 Oak Forest Dr, Raleigh, NC 27616
For Sale
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.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.