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0 Dr. Calvin Jones Hwy
Wake Forest, NC 27587
Asking Price
$1.50M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 2.88 acres <ul><li>Prime 2.88+/- acres on Dr. Calvin Jones Highway (NC 98 Bypass)</li><li>High‑visibility commercial site in Wake Forest, NC near the US 1A intersection (South Main Street)</li><li>Zoned Neighborhood Business for retail trade and services purposes</li><li>Right-in Right-out access from/to NC 98 Bypass</li><li>AADT exposure of 29,000 to 31,500</li><li>430 feet +/- road frontage</li><li>Strategic location providing access to major markets</li></ul><p></p>
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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179
