12049 Retail Dr | Wake Forest, NC 27587
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- LoopNet Team
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
INVESTMENT HIGHLIGHTS
- Subject offers 1.56 acres of commercial land available at 12049 Retail Drive, directly off US Route 1.
- Ready for an investor/ developer to bring a commercial building to the lively corridor; there have been conceptual drawings for a ±4K building.
- More than $4.4 billion is generated annually in the 10-mile realm’s powerful consumer spending power.
- Wake Forest, NC, is a growing Raleigh suburb; the subject site is surrounded by national retailers and adjacent to a Target-anchored center.
- HB zoning allows for a range of uses, including but not limited to a bank, office, medical office, restaurant/bar, church, and most retail uses.
- More than 9,200 vehicles pass daily on the east side of the property (Durham Rd), and more than 49,200 pass on the west side (US Route 1).
PROPERTY FACTS
| Sale Condition | Auction Sale | Property Subtype | Commercial |
| Type of Ownership | Fee Simple | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 1.56 AC |
| Zoning | HB - Highway Business | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.56 AC |
| Zoning | HB - Highway Business |
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