For Sale
$550,000

0 Retail Dr And Warmoven StWake Forest, NC 27587

1.56 Acres, Highway Business Zoning

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1.56-acre commercial land parcel is ideally situated in Wake Forest, North Carolina, at the intersection of Retail Drive and Warmoven Street. Located in Wake County, zip code 27587, this property boasts a highly desirable Highway Business (HB) zoning designation, allowing for a wide array of commercial uses. Conceptual plans suggest the potential for up to 3,875 square feet of commercial space. The land is priced at $550,000, or $8.09 per square foot. Its prime location offers strong demographics and proximity to numerous national retailers and amenities. The site is adjacent to the Target-anchored Capital Plaza Shopping Center and less than a mile from the NC Highway 98 bypass. Furthermore, it's conveniently located 1.2 miles north of the future Wegmans-anchored Grove 98 development, 20 miles east of downtown Durham, and under 30 minutes north of downtown Raleigh. Permitted uses include, but are not limited to, banks, offices, medical offices, restaurants/bars, churches, and most retail establishments. This presents a unique opportunity for developers and investors seeking a strategically located commercial property in a thriving area.

Highlights

  • $550,000 asking price for 1.56 acres of commercial land.
  • Located in Wake Forest, NC, at the corner of Retail Drive and Warmoven Street.
  • HB (Highway Business) zoning allows for a variety of commercial uses, including retail, office, and restaurants.
  • Land value is $8.09/SF.
  • Excellent location near major retailers, including a Target-anchored shopping center and future Wegmans development, with easy access to major highways and nearby Durham and Raleigh.

Property Details for 0 Retail Dr And Warmoven St

Property type
Land
Lot Size (sq. ft)
67,954 SF

Location Insight

City
Wake Forest
County
Wake
State
North Carolina
Latitude
35.9763313
Longitude
-78.5434562
Retail Dr And Warmoven St, Wake Forest, North Carolina

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0 Retail Dr And Warmoven St
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