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Property profile & analytics
FOR SALE
Day care centers

8824 Ligon Mill Rd Wake Forest, NC 27587

Entity Owned 8-yr Hold
Property ID
US53-2219824
Property summary
AI-generated overview

This exceptional 3.09-acre commercial property, located at 8824 Ligon Mill Road in Wake Forest, North Carolina, presents a unique investment opportunity. Situated on a prominent corner lot, this versatile site is zoned NB and offers significant potential for a variety of uses. The property's zoning allows for a wide range of commercial developments, including retail, office, restaurant, medical office, bank, bar, daycare, professional services, and dance or martial arts studios. The single-tenant nature of the land provides flexibility for a single large-scale development or the potential for subdivision into smaller parcels. The property's substantial size provides ample space for building construction, ample parking, and landscaping. Its location in Wake Forest, Wake County, offers easy access to major transportation routes and a thriving community. The address is 8824 Ligon Mill Rd, Wake Forest, NC 27587. This prime location, combined with the flexible zoning and significant acreage, makes this property an attractive prospect for developers and investors seeking a high-impact commercial venture in a rapidly growing area. The property's geographic coordinates are latitude 35.919305 and longitude -78.5232879. The total building square footage is currently zero, offering a blank canvas for development. This presents a rare opportunity to build a property tailored to specific needs and market demands.

Property profile
Verified
Property type Day care centers
UPID US53-2219824
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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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Millridge Investments INC · 8 yrs held
Millridge Investments INC
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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