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    OFF-MARKET
    Commercial real estate

    7405 Louisburg Rd, Raleigh, NC 27616

    2.1 ac lot
    Property ID
    US53-0371546
    Property summary
    AI-generated overview

    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
    Verified
    Property type Commercial real estate
    Lot 2.1 ac (91,476 SF)
    UPID US53-0371546
    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
    Current use
    Occupant on record · Public records
    • Dan's Signs & Sandblasting Marketing & Advertising Printing Service
    • dannotchsigns (Bike/Boat/Book/etc) Store Printing Service
    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
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