Property profile

7405 Louisburg Rd Raleigh, NC 27616

OFF-MARKET
Land
Property ID
US53-0371546
2.1 ac lot
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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 Land
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

Current use

Occupant on record · Public records
  • Marketing & Advertising Printing Service
  • (Bike/Boat/Book/etc) Store Printing Service

Location

7405 Louisburg Rd Raleigh, NC 27616
Raleigh metro
Google Maps

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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