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0 Rosaline Way
Wendell, NC 27591
Wendell Village · Land For Sale · 21.33 AC
Investment Highlights
- Shovel ready multifamily development opportunity
- Due diligence is complete and conveys with the sale
Executive Summary
Due diligence is complete and conveys with the sale. This project is located in a high growth submarket close to major transportation corridors, Downtown Raleigh, and nearby amenities.
Notable developments includes Wendell Falls, Wendell Commerce Center, and Wake Tech’s new Eastern 4.0 Campus. The property is three miles from I-87/US 64 Hwy, providing easy access to Downtown Raleigh and I-540. Wendell Village will be one of only four multifamily communities in Wendell developed later than 2002.
PROPERTY FACTS
| Sale Type | Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 21.33 AC |
| Property Type | Land |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 21.33 AC |
1 Lot Available
Lot
| Lot Size | 21.33 AC |
| Lot Size | 21.33 AC |
Fully approved, shovel ready 396-unit multifamily project High growth submarket with proximity to major transportation corridors, Downtown Raleigh, and nearby amenities Due diligence is complete and will convey with the sale
Description
Wendell Village is a 21.33-acre shovel ready multifamily development opportunity in Wendell, a suburb of Raleigh in eastern Wake County. The project is fully approved for 396 multifamily units and 612 surface parking spaces, which includes 98 enclosed garage parking spaces.
PROPERTY TAXES
| Parcel Number | 1784.15-54-2734-000 | Improvements Assessment | $0 |
| Land Assessment | $620,074 | Total Assessment | $620,074 |
PROPERTY TAXES
zoning
| Zoning Code | CMX (Commercial Mixed Use) |
| CMX (Commercial Mixed Use) |
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