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1002 Big Oak Ct - 1002 Big Oak Court 1.55 Acres of Commercial Land Offered at $1,200,000 in Knightdale, NC 27545
Investment Highlights
- Hard-corner location at US-64 and I-540 with premier visibility.
- Positioned in a top-performing retail trade area with high traffic counts.
- Quick access to downtown Raleigh, RDU Airport, and Research Triangle Park.
- Zoned NMX-CD, allowing medical, hotel, retail, or professional office uses.
- Knightdale incentives include up to 1% tax reimbursement grant for developments over $5 million.
Executive Summary
This ±1.55-acre hard-corner site offers a dynamic commercial development opportunity at the intersection of US-64 (Knightdale Blvd) and I-540 in Knightdale, NC. Positioned in the heart of Knightdale’s primary retail corridor, the site provides exceptional visibility and access, with over 38,000 vehicles per day on Knightdale Blvd and 47,000 vehicles per day on I-540. The property benefits from direct right-in access via Lynnwood Road and full access through internal circulation leading to a signalized intersection at Hinton Oaks Blvd.
Zoned Neighborhood Mixed-Use Conditional District (NMX-CD), this property is suitable for a variety of uses, including medical or professional office, childcare facilities, boutique retail, and hospitality. The site offers approximately 130 feet of frontage on Knightdale Blvd, utilities are in place, and essential due diligence materials such as survey, geotechnical reports, and a hotel site plan are available.
Located fewer than 20 minutes from downtown Raleigh and within 30 minutes to RDU Airport and Research Triangle Park, the property sits in one of the region’s fastest-growing communities. Nearby developments include the planned ParkStone project featuring 302 multifamily units, a 124-room hotel, and over 12,000 SF of retail space. This location promises strong consumer demand and significant long-term growth potential.
Zoned Neighborhood Mixed-Use Conditional District (NMX-CD), this property is suitable for a variety of uses, including medical or professional office, childcare facilities, boutique retail, and hospitality. The site offers approximately 130 feet of frontage on Knightdale Blvd, utilities are in place, and essential due diligence materials such as survey, geotechnical reports, and a hotel site plan are available.
Located fewer than 20 minutes from downtown Raleigh and within 30 minutes to RDU Airport and Research Triangle Park, the property sits in one of the region’s fastest-growing communities. Nearby developments include the planned ParkStone project featuring 302 multifamily units, a 124-room hotel, and over 12,000 SF of retail space. This location promises strong consumer demand and significant long-term growth potential.
Property Facts
1 Lot Available
Lot
| Price | $1,200,000 | Lot Size | 1.55 AC |
| Price Per AC | $774,193.55 |
| Price | $1,200,000 |
| Price Per AC | $774,193.55 |
| Lot Size | 1.55 AC |
Description
The subject site comprises approximately 1.55 acres located at 1002 Big Oak Court in Knightdale, North Carolina, with Neighborhood Mixed-Use Conditional District zoning under local regulations. The property is situated at the intersection of Knightdale Boulevard (US-64) and Interstate 540, providing direct regional access. The location is within a well-established retail area characterized by national tenants and high vehicular traffic counts exceeding 38,000 vehicles per day on US-64 and approximately 47,000 vehicles per day on I-540. The property offers approximately 130 feet of road frontage and has full utility availability.
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 1744.03-44-4539-000 | Improvements Assessment | $0 |
| Land Assessment | $891,238 | Total Assessment | $891,238 |
Property Taxes
Parcel Number
1744.03-44-4539-000
Land Assessment
$891,238
Improvements Assessment
$0
Total Assessment
$891,238
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