Overview
Price: | $1,000,000 / Acre |
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Property Type: | Land |
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Total Lot Size: | 8.09 Acres |
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Lot Size Range: | 1.78 - 2.28 Acres |
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Highlights
- Retail outparcels for sale or lease ranging from 1.87 to 2.28 acres
- The 257-acre mixed use development allows up to 650 multifamily units and additional single family and townhomes
- Traffic counts in excess of 52,500 VPD on I-87 and 20,000 VPD on US 64 Bus (Wendell Boulevard)
- Multifamily planned directly adjacent to outparcel sites
- Close to East Wake High School and the new Wake Tech Eastern Wake 4.0 campus, a 106-acre campus with programs in engineering, biopharmaceutical technology, robotics, and intelligent automation
- Rapidly growing population base with new and approved development throughout Wendell
- Nearby Wendell Falls will have ±4,000 homes at completion
- Sale Price: $1,000,000 per acre
Description
Retail outparcels for sale in new 257-acre mixed-use community. Adjacent to the new Wake Tech Eastern 4.0 campus and I-87/US 264.
Location
Wendell is located in eastern Wake County approximately 12 miles from the City of Raleigh. The Town of Wendell has experienced explosive growth with 68% population increase in the last ten years. In the Fall of 2023, Wake Tech Community College will open their Eastern Wake 4.0 Campus. Plans for the 106-acre site will include a Public Safety Simulation Complex, a General Education and Student Services Building, and a Technology 4.0 Facility.
Lots
Lot 1
Size | 2.28 Acres |
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Price | $1,000,000 / Acre |
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Type | Retail-Pad |
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Availability | On Market |
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Lot 2
Size | 1.78 Acres |
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Price | $1,000,000 / Acre |
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Type | Retail-Pad |
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Availability | On Market |
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Lot 3
Size | 1.83 Acres |
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Price | $1,000,000 / Acre |
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Type | Retail-Pad |
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Availability | On Market |
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Lot 4
Size | 2.2 Acres |
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Price | $1,000,000 / Acre |
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Type | Retail-Pad |
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Availability | On Market |
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Contact Broker
Christina Coffey
Vice President
Lee & Associates Raleigh-Durham-Wilmington
Cell | 919.522.9915 |
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Office | 919.591.2273 |
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Fax | 919.868.9084 |
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Moss Withers, SIOR, MBA
CEO & Principal
Lee & Associates Raleigh-Durham-Wilmington
Cell | 919.576.2501 |
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Office | 919.576.2501 |
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Fax | 919.868.9084 |
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