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28060673

1209 Piney Grove-Wilbon Rd, Holly Springs, NC 27540

AB
NC NC 298106
Lee & Associates - Raleigh Durham
Lee & Associates - Raleigh Durham
Listed by Lee & Associates - Raleigh Durham
$4,400,000
213 days on market
Updated 46 days ago

1209 Piney Grove Wilbon Rd

Details
APN 0648706251
Property Type Land
Sub Type Commercial
Acreage 10.430
Zoning RR

Residential Development Opportunity in Holly Springs

Marketing description

Prime retail development opportunity located within Holly Springs’ Extraterritorial Jurisdiction. This site is currently zoned Rural Residential (RR), but the Future Land Use Plans designate it as Neighborhood Center (NC). The property sits near the new Holly Springs Park, and across from the approved Elmsley subdivision in Fuquay-Varina, adding 212 new rooftops to the area. This property is ideally positioned for near-term growth, offering a strategic investment opportunity in one of the area’s most desirable and rapidly expanding submarkets.

In addition, an adjacent parcel (±48.8 acres) is available for possible expansion, offering developers the potential to enlarge the overall footprint and create a larger-scale residential subdivision or masterplanned community. The adjacent parcel is not included in the current offering or sale price.

Investment highlights

  • ±10.43 acres

  • PIN: 0648706251

  • Zoning: RR (Rural Residential)

  • Future Land Use: Neighborhood Center (NC)

  • Accessibility: Quick access to US-1, NC-540, and major employment centers

  • Strong Market Fundamentals: Rapid residential growth and top schools

  • Traffic Counts: 19,500 VPD on Piney Grove Wilbon Rd

  • Ideal Use: Grocery-anchored retail development

  • SALE PRICE: $4,400,000 ($421,860/ac)

Listing Contacts

AB
NC NC 298106
Lee & Associates - Raleigh Durham
Lee & Associates - Raleigh Durham
Listed by Lee & Associates - Raleigh Durham

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Additional Information

Name
Alyssa Byrd
License
NC 298106
Brokerage
Lee & Associates Raleigh-Durham
Brokerage Address
100 Walnut Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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