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    OFF-MARKET
    Commercial real estate

    8020 Litchford Rd, Raleigh, NC 27615

    22.24 ac lot
    Property ID
    US53-2131944
    Property summary
    AI-generated overview

    This exceptional 22.24-acre commercial land parcel presents a unique development opportunity in North Raleigh, NC. Located at 8020 Litchford Rd, Wake County, zip code 27615, this property boasts flexible zoning that ranges from R-1 to R-10 across the site, offering diverse development possibilities. The property includes a 1,620 square foot existing building. The expansive lot is conveniently situated with easy access to NC-540, providing excellent connectivity to major transportation routes. The property's APN is 1717882715. This significant landholding is ideal for a variety of commercial ventures. The site is divided into Tracts 1 and 2, which may be purchased separately, providing flexibility for investors and developers. This prime location in a rapidly growing area of North Raleigh offers significant potential for future appreciation and development. The property's address is 8020 Litchford Rd, Raleigh, NC 27615. Detailed zoning information is available upon request. This is a rare opportunity to acquire a substantial land parcel in a highly desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 22.24 ac (968,774 SF)
    APN 1717882715
    UPID US53-2131944
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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