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    OFF-MARKET
    Commercial real estate

    850 Granite Falls Blvd, Rolesville, NC 27571

    1.77 ac lot
    Entity Owned 7-yr Hold
    Property ID
    US53-0684615
    Property summary
    AI-generated overview

    This exceptional 1.77-acre commercial land parcel presents a unique investment opportunity in the thriving town of Rolesville, North Carolina. Located at 850 Granite Falls Blvd, this property boasts 474 feet of road frontage, providing excellent visibility and accessibility. The land is zoned GC-CZ (General Commercial with a special use permit), offering a wide range of development possibilities. Conveniently situated just 5 minutes from Wake Forest, this location benefits from proximity to established amenities and a growing population. Infrastructure is readily available, with Wake County water and sewer services already in place. Currently wooded, the site offers a blank canvas for future development. The property's advantageous position is further enhanced by its adjacency to Main Street Park, Granite Falls Swim Club, and Sanford Elementary School, creating a desirable and family-friendly environment. The asking price for this exceptional property is $300,000. The APN is 1759-82-2247. This is a for sale by owner listing. Don't miss this chance to acquire a prime commercial lot in a rapidly expanding area.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.77 ac (77,101 SF)
    APN 1759-82-2247
    UPID US53-0684615
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Mcarn Realty LLC · 7 yrs held
    Mcarn Realty LLC
    since 2018
    3 recorded transactions
    2018
    $175,000
    2018
    2017
    $825,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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