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1000 Wagstaff Rd - Wagstaff Assemble 32 Acres 32 Acres of Commercial Land Offered at $4,772,000 in Fuquay Varina, NC 27526
INVESTMENT HIGHLIGHTS
- ±32-acre assemblage in a high-growth area.
- Strong demographic trends and demand for new housing.
- Zoning: RA and OI, offering flexible development options.
EXECUTIVE SUMMARY
Outstanding development opportunity to acquire approximately 32 contiguous acres in the rapidly growing Fuquay-Varina market. The property benefits from an agreement with the Town of Fuquay-Varina that defers the obligation to construct the Fuquay-Varina Parkway improvements on site projects until 2029, providing significant flexibility in planning and cash flow.
PROPERTY FACTS
| Price | $4,772,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 32.00 AC |
| Property Type | Land | ||
| Zoning | RA - Zoned RA (Residential Agricultural) and OI (Office & Institutional), the assemblage is well-suited for residential or mixed-use development. | ||
| Price | $4,772,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 32.00 AC |
| Zoning | RA - Zoned RA (Residential Agricultural) and OI (Office & Institutional), the assemblage is well-suited for residential or mixed-use development. |
1 LOT AVAILABLE
Lot
| Price | $4,772,000 | Lot Size | 32.00 AC |
| Price Per AC | $149,125.00 |
| Price | $4,772,000 |
| Price Per AC | $149,125.00 |
| Lot Size | 32.00 AC |
32 acres – includes two lots being sold together. PINEY GROVE LD & VICTORY TEMPLE MINISTRIES INC PROP BM2024-00810
DESCRIPTION
Excellent location near established neighborhoods, retail corridors, and major transportation routes
1 1
PROPERTY TAXES
| Parcel Number | 0656.03-01-9127-000 | Improvements Assessment | $0 |
| Land Assessment | $1,110,840 | Total Assessment | $1,110,840 |
PROPERTY TAXES
Parcel Number
0656.03-01-9127-000
Land Assessment
$1,110,840
Improvements Assessment
$0
Total Assessment
$1,110,840
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1000 Wagstaff Rd - Wagstaff Assemble 32 Acres
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