1080 Forestville RdWake Forest, NC 27587

  • Commercial land
  • 1.51 AC

Property Details for 1080 Forestville Rd

Lot size
1.51 AC
Zone code
NB
Property type
Commercial land
APN
1749.02-58-7900 0446393
APU
1749025879000446393

Description

This exceptional 1.51-acre commercial land parcel presents a unique investment opportunity in Wake Forest, North Carolina. Situated at 1080 Forestville Road, this corner outparcel benefits from a signalized intersection within the thriving Shoppes at Heritage Village, a grocery-anchored community center experiencing high traffic volume—an estimated 18,000 vehicles daily. The property is fully approved for car wash development, eliminating lengthy permitting processes and allowing for immediate project commencement. Detailed plans for the car wash are already in place, streamlining the development timeline. The site's zoning is Neighborhood Business, ensuring compatibility with the surrounding commercial landscape. Its convenient location near Heritage Elementary, Middle, and High Schools contributes to a strong and consistent customer base. Wake County PIN 1749587900 further identifies this exceptional property. This is a turnkey opportunity for investors seeking a high-traffic, fully approved car wash site in a rapidly growing area. Don't miss this chance to capitalize on this prime location and established community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $36,062,600
    Retail / Commercial
    $17,861,500
    Mixed-Use / Specialty
    $17,300,400
    Hospitality / Lodging
    $12,045,200
    Office
    $16,679,600
    Institutional / Educational
    $17,807,700
    Residential Income
    $20,835,000
    Multifamily
    $27,746,000
    Automotive / Energy
    $15,263,700
    Parking / Income-Based Land
    $5,758,770
    Restaurant / Food Service
    $7,936,520
    Healthcare / Senior Housing
    $18,251,400

Location Insight

City
Wake Forest
County
Wake
State
North Carolina
Latitude
35.9441
Longitude
-78.5078
CBSA code
39580
CBSA name
RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,042
$861,501
-
$861,501
-
$861,501
-
$861,501

FAQs

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