For Sale
$1,250,000

904 Old Knight Rd Knightdale, NC 27545

High-traffic 5-acre lot, prime location.

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional 5-acre mixed-use property, located at 904 Old Knight Road in Knightdale, NC, presents a unique investment opportunity. Zoned Neighborhood Mixed Use (NMX), this strategically positioned lot boasts significant development potential. The property's location benefits from its proximity to several new residential communities currently under development or in the planning stages, totaling over 1,700 new homes within a one-mile radius. This ensures a robust and growing customer base for any future development. High traffic counts further enhance the property's appeal, with 7,400 AADT on Old Knight Road and 24,000 AADT on nearby US 64 Business. All essential utilities are readily available, including water, sewer, natural gas, and electricity. The property's zoning allows for a variety of uses, as detailed in Chapter 3 of the Knightdale UDO and its accompanying matrices. This comprehensive zoning information provides a clear understanding of permitted uses within the NMX district, facilitating efficient planning and development. The asking price is $1,250,000. This 5,000 square foot lot offers a compelling investment prospect for developers seeking to capitalize on the rapid growth and high traffic volume in this thriving area of Knightdale.

Property Details for 904 Old Knight Rd

Property type
Mixed-use properties
Square Feet
5 SF
Year Built
1955
Lot Size (sq. ft)
238,273 SF

Location Insight

City
Knightdale
County
Wake
State
North Carolina
Latitude
35.80208
Longitude
-78.47372

FAQs

What type of property is this?
Mixed-use property - High-traffic 5-acre lot, prime location.
Where is the mixed-use property located?
The property is located at 904 Old Knight Rd Knightdale, NC.
What is the asking price?
The asking price for this property is $1,250,000.
How can I contact the broker?
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904 Old Knight Rd
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