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7608 Fayetteville Rd Raleigh, NC 27603

Commercial land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID US53-1993706

Property summary

AI-generated overview

For Sale. Gently to strongly sloping topography. +/-12.3 ac total: +/-7.6 ac usable land east of drains & +/-3 ac usable land west of drains. +/-18 additional ac (listed with 2 other firms) available south to Costco. Potential to purchase additional lands north also. Access to US 401: NCDOT has approved developer installed turn signals for a U-turn and left over only at Caddy Rd (for southbound 401 traffic) and a U-turn and left over only at an existing U-turn approximately 0.3 miles N of Caddy Rd (for northbound 401 traffic). Garner planning dept. informs that a 75’ public ROW boulevard running parallel with US 401 on the west side and connecting to the Bennett assemblage to the north and Costco parking lot road stub to the south will be how these parcels need to be developed. Bennett assemblage surveys are attached in the photos. Call for more info!

Property profile

Verified
Property type Commercial land
UPID US53-1993706

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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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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