This Land Property is no longer advertised on LoopNet.com.

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
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Industrial Park
  • Office Park
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

Property Taxes

Parcel Numbers
Multiple
  • 1738.01-16-6820-000
  • 1738.01-27-2828-000
  • 1738.01-29-5074-000
Land Assessment
$15,232,179
Improvements Assessment
$16,213,390
Total Assessment
$31,445,569
  • Listing ID: 3894319

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 9701-9801 Capital Blvd, Wake Forest, NC 27587

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