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2901 Nc-97 Hwy 1,591 SF Retail Building Wendell, NC 27591 $566,972 CAD ($356.36 CAD/SF)
Investment Highlights
- Two combined parcels totaling 1.08 acres along a well-traveled route.
- Private water and on-site septic in place, reducing development costs.
- Positioned in Wake County’s fast-growing corridor northeast of Raleigh.
- Improved site with a 1,591-square-foot building featuring a metal roof.
- Located minutes from US-64 and I-87, supporting strong regional connectivity.
Executive Summary
his commercial property offers a versatile opportunity positioned along NC-97 in Wendell, NC. Spanning 1.08 acres across two parcels, the site features a freestanding building with 1,591 square feet and existing infrastructure including a private well and septic system. The property’s layout allows both redevelopment potential and adaptive re-use for a variety of commercial purposes.
Situated approximately 4.5 miles from central Wendell, the location benefits from proximity to major transportation corridors and easy access to the rapidly growing residential communities in Wake County. This corridor connects to US-64 and I-87, ensuring visibility and accessibility for future business operations. With a metal roof and solid construction, the asset provides a practical base for businesses looking to capitalize on Wendell’s expanding commercial environment.
The property is currently offered “as-is,” making it an attractive option for owner-occupants, local business expansion, or investors seeking income potential in an area poised for continued growth.
Situated approximately 4.5 miles from central Wendell, the location benefits from proximity to major transportation corridors and easy access to the rapidly growing residential communities in Wake County. This corridor connects to US-64 and I-87, ensuring visibility and accessibility for future business operations. With a metal roof and solid construction, the asset provides a practical base for businesses looking to capitalize on Wendell’s expanding commercial environment.
The property is currently offered “as-is,” making it an attractive option for owner-occupants, local business expansion, or investors seeking income potential in an area poised for continued growth.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,591 SF
Building Class
C
Year Built
1960
Price
$566,972 CAD
Price Per SF
$356.36 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.08 AC
Zoning
R-40
Parking
1 Spaces (0.63 Spaces per 1,000 SF Leased)
Frontage
48’ on Nc-97 Hwy
Amenities
- Signage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 1785.03-21-5411-000 | Total Assessment | $210,627 CAD |
| Land Assessment | $43,344 CAD | Annual Taxes | -$1,591 CAD (-$1.00 CAD/SF) |
| Improvements Assessment | $167,283 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
1785.03-21-5411-000
Land Assessment
$43,344 CAD
Improvements Assessment
$167,283 CAD
Total Assessment
$210,627 CAD
Annual Taxes
-$1,591 CAD (-$1.00 CAD/SF)
Tax Year
2025
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2901 Nc-97 Hwy
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