1201 Friendship Chapel Rd, Wake Forest, NC 27587

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APN: 1840.12-86-8445-000

1201 Friendship Chapel Rd, Wake Forest, NC 27587

Lot

Land Use
School
Lot Area (SF)
Lot Area (Acres)
Zoning
Frontage
Depth

Building

Year Built
Year Renovated
Stories
Number of Buildings
Existing Floor Area Ratio
Commercial Units
Residential Units
Total Units
Building Area
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Reported Ownership

Reported Owner
Mailing Address

Contact Information

Phone Number
Email Address
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Recorded Sales

Date Sales Price Buyer Seller Sales Doc # Multi-Property Sale
2002-05-31
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Mortgage Records

Date Lender(s) Amount Doc # Maturity Date Crossed-Debt Parcels
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Tax Data

2017
Total Assessed Value
Assessed Land Value
Assessed Improvement Value
Total Market Value
Land Market Value
Improvements Market Value
Tax Amount
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Popular searches around Wake Forest

Reonomy operates the most comprehensive database for Wake Forest Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Wake Forest commercial real estate professionals. Members from Wake Forest include brokers, investors and service providers, many of whom specialize in Wake Forest Commercial Real Estate.

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Wake Forest commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Wake Forest is $537,836. Commercial real estate sale prices in Wake Forest have a median of $365,193. The last 24 months of sales history has seen 1,896 sales, with 1,546 sales greater than $250,000, 159 sales valued at over $1,000,000, and 4 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Wake Forest over the last 24 months is $132.

Values and sold prices (last 24 months) United States North Carolina Wake Forest
Average price/sqft $1,441 $535 $172
Median price/sqft $116 $104 $132
Average sold price $1,152,438 $735,727 $567,768
Median sold price $194,558 $170,341 $365,193
Number of sales 3,865,677 145,893 1,896
Number of sales over $250k 1,626,715 53,525 1,546
Number of sales over $1m 387,539 9,633 159
Number of sales over $10m 57,686 1,257 4
Average total tax amount $5,994 $2,414 $3,693
Average assessed value $308,174 $264,703 $537,836
Average market value $389,450 $266,231 $538,693

Wake Forest commercial real estate property averages

The average lot size of commercial real estate properties in Wake Forest is 28,807 sf. This is 37% below the North Carolina average.

Property averages United States North Carolina Wake Forest
Average lot size 818,756 sf 439,913 sf 336,782 sf
Median lot size 24,545 sf 41,992 sf 28,807 sf
Average building area 1,144 sf 226 sf 165 sf
Median building area 74 sf 62 sf 122 sf
Median year built 1969 1982 2001
Average number of units 16 10 5
Median number of units 2 -- --

Wake Forest commercial real estate total supply

There are 7,032 commercial real estate properties in Wake Forest. This is 198% below the North Carolina average. The total acerage is 41,193 acres and the aggregate building area for commercial real estate properties in Wake Forest is 191,168 sf.

Supply United States North Carolina Wake Forest
Number of parcels 57,574,886 1,797,866 7,032
Aggregate lot acerage 902,778,622 15,146,535 41,193
Aggregate building area 8,065,475,157 sf 49,335,131 sf 191,168 sf
Aggregate units 87,857,722 1,194,617 14,204

Wake Forest commercial real estate industrial mortgages

There are 6,089 mortgages for commercial real estate properties across Wake Forest in the Reonomy database. The average value of those mortgages is $2,063,368. This is 80% below the North Carolina average.

Debt United States North Carolina Wake Forest
Number of mortgages 40,017,848 786,366 6,089
Average value of mortgages $5,224,996 $4,828,596 $2,063,368

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