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Investment Highlights
- Two parcels totaling ±4.38 acres
- Across from new Publix-anchored retail development
- Existing occupancy provides holding income potential
- General Commercial Conditional Zoning (GC-CZ) with broad permitted uses | Ideal for retail, service, or commercial development
- Frontage on US-401 (S Main Street)
- Potential for annexation to access municipal utilities
Executive Summary
Property Facts
| Price | $3,000,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 4.38 AC |
| Property Type | Land | ||
| Zoning | GC-CZ - General Commercial Conditional Zoning (GC-CZ) with broad permitted uses | ||
| Price | $3,000,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 4.38 AC |
| Zoning | GC-CZ - General Commercial Conditional Zoning (GC-CZ) with broad permitted uses |
1 Lot Available
Lot
| Price | $3,000,000 | Lot Size | 4.38 AC |
| Price Per AC | $684,931.51 |
| Price | $3,000,000 |
| Price Per AC | $684,931.51 |
| Lot Size | 4.38 AC |
Located on US-401 at Lonnie Drive, the site benefits from strong visibility within a rapidly growing corridor connecting Wake Forest and Rolesville.
Description
Rare opportunity to acquire ±4.38 acres of commercially zoned land along the rapidly growing US-401 corridor in Rolesville. Comprised of two contiguous parcels, the property is currently improved and occupied, offering flexibility for near-term income or future redevelopment. With commercial zoning already in place, the site is well-suited for a variety of users seeking to establish a presence in an expanding North Wake County submarket. Located on US-401 at Lonnie Drive, the site benefits from strong visibility within a rapidly growing corridor connecting Wake Forest and Rolesville.
Property Taxes
| Parcel Numbers | Improvements Assessment | $211,378 | |
| Land Assessment | $1,020,340 | Total Assessment | $1,231,718 |
Property Taxes
Presented by
1100 S Main St
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