949 Old Knight Rd, Knightdale, NC 27545
This exceptional 3.9-acre commercial land parcel presents a remarkable investment opportunity in Knightdale, North Carolina. Located at 949 Old Knight Rd, this property boasts a highly desirable Mixed Use zoning designation, opening doors to a wide array of development possibilities. Imagine a thriving medical office complex, a bustling retail center, or a popular restaurant destination – all within reach on this strategically positioned site. The property sits on a corner lot of a busy road, ensuring high visibility and accessibility for potential businesses. Its location within a thriving Planned Unit Development (PUD) guarantees a steady flow of customers and a vibrant, supportive business environment. The PUD's established infrastructure and amenities further enhance the property's appeal, attracting both local residents and visitors. Utilities are conveniently located on-site, simplifying development plans. Public transit is also adjacent to the property, providing convenient access for employees and customers. With its ideal location, flexible zoning, and ample space, this 3.9-acre parcel offers unparalleled potential for significant return on investment. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing area. The asking price is $3,700,000. The property is situated in Wake County, North Carolina, zip code 27545.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.