Listed by Julie Wright Commercial Group, LLC
$2,200,000
High Visibility Commercial Property
Details
APN 1840169829
Property Type Land
Sub Type Commercial
Acreage 2.880
Zoning Neighborhood Business
Land | 2.88 acres
Marketing description
This strategic location provides convenient access to major markets while supporting flexible commercial possibilities. Potential uses include retail, restaurant/QSR, service or medical office, neighborhood shopping/service center, c-store, bank, or multi-tenant strip.
The property is:
- Located along Dr. Calvin Jones Highway (NC 98 Bypass), a major east‑west corridor connecting to US‑1/Capital Blvd and southeast Wake County.
- Adjacent to Lidl and within minutes of Wegmans‑anchored Grove 98 and surrounding mixed‑use/retail developments, driving strong regional draw and daily trips.
- Positioned in the path of growth near master‑planned communities such as Holding Village and other high‑end residential neighborhoods.
Wake Forest is a fast‑growing Raleigh‑Durham suburb with a projected 2026 population near 65,000 residents. The median household income is approximately $120,000–$124,000, supporting retail, service, and medical uses. Robust residential growth nearby continues to expand the trade area and daytime population for service, retail, and hospitality users.
Investment highlights
- Prime 2.88+/- acres on Dr. Calvin Jones Highway (NC 98 Bypass)
- High‑visibility commercial site in Wake Forest, NC near the US 1A intersection (South Main Street)
- Zoned Neighborhood Business for retail trade and services purposes
- Right-in Right-out access from/to NC 98 Bypass
- AADT exposure of 29,000 to 31,500
- 430 feet +/- road frontage
- Strategic location providing access to major markets
Listing Contacts
Listed by Julie Wright Commercial Group, LLC
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