Investment Overview
This exceptional ±48.8-acre assemblage presents a rare opportunity for residential development in the highly desirable and fast-growing Holly Springs submarket of Wake County, NC. The property is comprised of eight contiguous parcels strategically positioned between Piney Grove Wilbon Road and Wade Nash Road.
In addition, an adjacent parcel is available for possible expansion, offering developers the potential to enlarge the overall footprint and create a larger-scale residential subdivision or master-planned community. The adjacent parcel is not included in the current offering or sale price.
Investment Highlights
- Assemblage Size: ±48.8 acres (8 parcels)
- Additional Parcel: Adjacent 10.43 acres available for expansion (not included in sale price)
- PINs: 0648803844, 0648715314, 0648717244, 0648704818, 0648708966, 0648819331, 0648707749, 0648809928
- Zoning: RR (Rural Residential) | Development Framework: Community
- Accessibility: Quick access to US-1, NC-540, and major employment centers
- Strong Market Fundamentals: Rapid residential growth, top schools, and high demand for housing
- Traffic Counts: 19,500 VPD on Piney Grove Wilbon Rd
- Ideal Use: Residential subdivision or master-planned community
- Sale Price: $12,000,000 ($245,902/ac)