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12049 Retail Dr
Wake Forest, NC 27587
1.56-Acre Site Shadow-Anchored By Target · Land For Sale
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1.56 AC
PROPERTY FACTS
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 1.56 AC |
| Zoning | HB - Highway Business | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.56 AC |
| Zoning | HB - Highway Business |
DESCRIPTION
Foundry Commercial is pleased to present approximately 1.56 acres of commercial land located off the Old NC Highway 98 / Durham Road at the corner of Retail Drive and Warmoven Street in Wake Forest (Raleigh-Durham), North Carolina. The property features strong demographics and is located in close proximity to many national retailers and amenities. The site is adjacent to the Target-anchored Capital Plaza Shopping Center, less than a mile north of the NC Highway 98 Bypass, 1.2 miles north of the future Wegmans-anchored Grove 98 development, 20 miles east of Downtown Durham and less than 30 minutes north of Downtown Raleigh. The property features a favorable Highway Business (HB) zoning designation within the Town of Wake Forest and has been conceptually drawn for up to 3,875 SF of commercial space. The Highway Business zoning district allows for a broad range of commercial uses, including but not limited to a Bank, Office, Medical Office, Restaurant/Bar, Church, and most Retail uses.
PROPERTY TAXES
| Parcel Number | 1831.03-40-9366-000 | Improvements Assessment | $0 |
| Land Assessment | $530,041 | Total Assessment | $530,041 |
PROPERTY TAXES
