300 Wendell BlvdKnightdale, NC 27545

Property Details for 300 Wendell Blvd

Lot size

15.80 AC

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional opportunity presents two strategically located multifamily development sites within the Wendell Commerce Center Planned Use Development (PUD) in Knightdale, North Carolina. Situated on approximately 15.8 and 33.5 acres, these parcels offer a combined potential for up to 650 multifamily units, plus an additional allowance for up to 8 townhomes per acre in one zone. The property boasts a prime location at the intersection of I-87 and US 64 Business (Wendell Boulevard), benefiting from excellent access to major transportation arteries. The Wendell Commerce Center PUD is a 257-acre development poised for significant commercial and residential growth in a thriving area of Wake County. Zoning permits a variety of uses, including hotels and commercial spaces, creating a dynamic live-work-play environment. The sites are within a 20-minute drive of downtown Raleigh, Raleigh-Durham International Airport, and numerous amenities, ensuring strong demand for residential units. This presents a rare chance to capitalize on the robust growth of this high-demand area, offering significant long-term investment potential. Detailed site plans and zoning information are available upon request. The larger site (approximately 33.5 acres) also allows for up to 4 single-family homes per acre, in addition to the townhome allowance. This flexible zoning provides developers with considerable options for creating a diverse and attractive residential community. The property's location within a rapidly expanding area, coupled with its proximity to major employers and retail centers, makes it an ideal investment for discerning developers seeking a high-return opportunity.

Location Insight

City

Knightdale

County

Wake

State

North Carolina

Latitude

35.8036

Longitude

-78.4233

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