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- LoopNet Team
9701-9801 Capital Blvd
Wake Forest, NC 27587
Tract 1 · Land For Sale
·
58.00 AC

Investment Highlights
- Excellent frontage on US 1, with impressive traffic count (60,000 vpd).
- Close proximity to I-85 North/South, I-40 East/West.
Property Facts
| Property Type | Land | Total Lot Size | 58.00 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use |
Multifamily
|
||
| Zoning | Highway District - Highway District | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use |
Multifamily
|
| Total Lot Size | 58.00 AC |
| No. Stories | 1 |
| Zoning | Highway District - Highway District |
Description
Timber has been cleared. US Corridor mixed use, as planned by DOT and Town of Wake Forest. Owner also has permit (transferrable) to pull 7+ million gallons of water per day from Neuse River, which can be sold to municipalities, sold commercially or used privately. Water rights have significant potential tax benefits associated with them. Sole ownership by one individual simplifies negotiations
Property Taxes
| Parcel Numbers |
Multiple
|
Improvements Assessment | $16,213,390 |
| Land Assessment | $15,232,179 | Total Assessment | $31,445,569 |
Property Taxes
- 1738.01-16-6820-000
- 1738.01-27-2828-000
- 1738.01-29-5074-000
Listing ID: 3894319
Date on Market: 9/24/2016
Last Updated:
Address: 9701-9801 Capital Blvd, Wake Forest, NC 27587
The Land Property at 9701-9801 Capital Blvd, Wake Forest, NC 27587 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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