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New Hill Holleman Rd 25.22 Acres of Commercial Land Offered at $5,500,000 in New Hill, NC 27562
Investment Highlights
- Total of 25.2 acres located in Wake County, outside Apex ETJ.
- Great location for a retail center or flex/warehouse industrial park.
- Sewer force main easement will run adjacent to US Highway 1.
- Adjacent to US Highway 1 with excellent regional connectivity.
- Potential annexation into Apex for water and sewer services.
- No soils work completed; potential for septic and well development.
Executive Summary
This 25.2-acre tract in New Hill, NC, presents a rare development opportunity in a rapidly expanding corridor of Wake County. Located adjacent to US Highway 1 along New Hill Holleman Road, the property offers exceptional visibility and access to major transportation routes, connecting quickly to Raleigh, Cary, and the Research Triangle region.
Currently zoned under Wake County jurisdiction (not in Apex ETJ), the site provides flexibility for a variety of commercial or industrial uses. It is ideally suited for a retail center or a flex and warehouse industrial park. The property could potentially be annexed into the Town of Apex for municipal water and sewer services, while development with septic and well remains an option.
A sewer easement for a force main will be located adjacent to US Highway 1, enhancing future utility access. With strong regional growth, increasing residential density, and proximity to major employment hubs, this site offers long-term value for developers and investors seeking a strategic foothold in the Triangle market.
Currently zoned under Wake County jurisdiction (not in Apex ETJ), the site provides flexibility for a variety of commercial or industrial uses. It is ideally suited for a retail center or a flex and warehouse industrial park. The property could potentially be annexed into the Town of Apex for municipal water and sewer services, while development with septic and well remains an option.
A sewer easement for a force main will be located adjacent to US Highway 1, enhancing future utility access. With strong regional growth, increasing residential density, and proximity to major employment hubs, this site offers long-term value for developers and investors seeking a strategic foothold in the Triangle market.
Property Facts
| Price | $5,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 25.22 AC |
| Property Type | Land | ||
| Zoning | PC-CZ - Planned Commercial – Conditional Zoning | ||
| Price | $5,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 25.22 AC |
| Zoning | PC-CZ - Planned Commercial – Conditional Zoning |
1 Lot Available
Lot
| Price | $5,500,000 | Lot Size | 25.22 AC |
| Price Per AC | $218,086.97 |
| Price | $5,500,000 |
| Price Per AC | $218,086.97 |
| Lot Size | 25.22 AC |
The property consists of 25.2 acres located in Wake County at the intersection of New Hill Holleman Road and US Highway 1. It is currently undeveloped and zoned under Wake County jurisdiction, not within the Apex ETJ.
Description
The property consists of 25.2 acres located in Wake County at the intersection of New Hill Holleman Road and US Highway 1. It is currently undeveloped and zoned under Wake County jurisdiction, not within the Apex ETJ. The site is adjacent to US Highway 1 and includes a planned sewer force main easement along the highway frontage. Surrounding uses include a mix of residential, community facilities, and undeveloped land.
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Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0629.01-09-8497-000 | Improvements Assessment | $0 |
| Land Assessment | $2,217,600 | Total Assessment | $2,217,600 |
Property Taxes
Parcel Number
0629.01-09-8497-000
Land Assessment
$2,217,600
Improvements Assessment
$0
Total Assessment
$2,217,600
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New Hill Holleman Rd