For Sale
$875,000

8250 Fayetteville RdRaleigh, NC 27603

1.39 Acres, HC Zoning, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 1.39-acre commercial land parcel, located at 8250 Fayetteville Road in Raleigh, NC (APN 0024715), presents a compelling investment opportunity. Situated in a rapidly developing area of Wake County, the property benefits from significant residential growth, with over 1,500 housing units planned or under construction within a three-mile radius – over one-third within one mile. Future development plans include a substantial multifamily project nearby. The site enjoys excellent visibility and accessibility, with high traffic counts exceeding 34,000 vehicles daily, projected to reach 58,000 with the completion of the I-540 Orange Route extension. The property's proximity to major roadways, including the Hwy 401 interchange (less than one mile away), ensures convenient access. Existing retail establishments such as Costco, Food Lion, and Harris Teeter are located nearby, providing a strong retail base. The property is zoned HC, offering flexibility for a variety of commercial uses. This prime location and strong growth indicators make this a highly attractive investment opportunity. The asking price is $875,000. Zip code: 27603.

Highlights

  • $875,000 asking price.
  • 1.39-acre commercial land parcel.
  • Located in Raleigh, NC, Wake County (APN: 0024715).
  • HC zoning.
  • High-growth area with over 1,500 housing units under development within a 3-mile radius, and significant retail nearby (Costco, Food Lion, Harris Teeter).

Property Details for 8250 Fayetteville Rd

Property type
Land
Lot Size (sq. ft)
60,548 SF

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.6628067
Longitude
-78.7031743
8250 Fayetteville Rd, Raleigh, North Carolina

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8250 Fayetteville Rd
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