8824 Ligon Mill Rd Wake Forest, NC 27587
For Sale
1 / 3
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.