For Sale
$1,250,000

2 Lakestone Cmns AveFuquay-Varina, NC 27526

Prime Retail Land, High Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 0.96-acre commercial lot (Lot 2) in Fuquay-Varina, NC, is priced at $1,250,000. Located within a thriving 50-townhome mixed-use development, it boasts a prominent position across from Chick-fil-A and Dunkin' Donuts, and near Kohl's. The property is zoned for retail, restaurant, or office use, offering significant potential for various commercial ventures. Its strategic location provides easy access to major roadways including Judd Parkway, Highway 55, and Highway 401, ensuring high visibility and convenient access for customers and employees. The area benefits from the proximity of existing hospitals, including the new WakeMed facility, and a planned 100-acre mixed-use development, promising continued growth and increased property value. The lot offers approximately 41,911 square feet, with room for a building footprint of up to 5,000 square feet, depending on the intended use and parking requirements. A portion of the lot includes a shared parking easement with Applebee's. Utilities (water and sewer) are stubbed to the property line, and a stormwater pond is in place. A curb cut from Carrickbrack Street is also provided. While some site work will be necessary to achieve "pad-ready" status, this property presents a remarkable opportunity for investors seeking a high-growth location in a dynamic community.

Highlights

  • Exceptional investment opportunity: Two prime commercial lots (Lots 2 & 3) in Fuquay-Varina, NC's thriving Lakestone Commons Avenue mixed-use development.
  • High-traffic location: Situated across from Chick-fil-A and Dunkin', near Kohl's and major highways.
  • Strong growth potential: Proximity to WakeMed, future mixed-use developments, and a vibrant townhome community.
  • Versatile zoning: Approved for retail, restaurant, or office use; roadway improvements completed.
  • Lot 2 Details: $1.25M, 41,911 sq ft (0.962 acres), allows for a 5,000 sq ft building (depending on use and parking); utilities stubbed; stormwater pond in place; curb cut from Carrickbrack Street; some site work needed for pad-ready condition.

Property Details for 2 Lakestone Cmns Ave

Property type
Retail properties, Land
Lot Size (sq. ft)
41,818 SF

Location Insight

City
Fuquay-Varina
County
Wake
State
North Carolina
Latitude
35.5902359
Longitude
-78.7670135
2 Lakestone Cmns Ave, Fuquay-Varina, North Carolina

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2 Lakestone Cmns Ave
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