Property summary
This exceptional 2.1-acre commercial development site in Raleigh, NC, presents a unique investment opportunity. Located on Louisburg Road (Highway 401), this property boasts approximately 140 feet of road frontage and benefits from exceptional visibility and high traffic counts – an estimated 40,000 vehicles daily. Its strategic location places it directly across from established businesses including Food Lion, Rite Aid, and a new Sheetz, ensuring high consumer traffic and brand recognition. The property's proximity to I-540 and the Wake Tech North campus further enhances its appeal. Zoned NX-3, this parcel offers significant potential for a variety of commercial developments. The asking price is $899,000. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a prime commercial land parcel in a thriving Raleigh location. This property is situated in Wake County, NC, with a zip code of 27616.
Property profile
VerifiedCap rate & NOI
Current use
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Marketing & Advertising Printing Service
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(Bike/Boat/Book/etc) Store Printing Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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