Property profile

8020 Litchford Rd Raleigh, NC 27615

FOR SALE
Land
Property ID
US53-2131944
22.24 ac lot
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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 Land
Lot 22.24 ac (968,774 SF)
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

Location

8020 Litchford Rd Raleigh, NC 27615
Raleigh metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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More about this property
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