
Tarheel Lodging
1740 Fordham Blvd, Chapel Hill, NC, 27514, US
4.5 英畝
Jones Lang LaSalle, a North Carolina licensed real estate broker (“JLL”), is pleased to present Dean Farms for fee simple sale or joint venture partnership, a prime industrial land development opportunity in Eastern Wake County. The site comprises approximately 44.08 acres with frontage along Wendell Boulevard and is located less than 5 minutes from I-87. The property benefits from in-place PUD zoning approved by the Town of Wendell that permits warehouse and office space development with the potential to develop north of 350,000 SF upon full project build out. Water access is available, and the current landowner has secured an easement from the adjacent southern property to facilitate sewer extension and provide site access.
Located within the East Wake submarket of the Raleigh MSA, approximately 20 minutes east of Downtown Raleigh, the site offers strong connectivity to the greater Triangle region and Research Triangle Park (60,000+ jobs). Wendell is experiencing robust population growth, anchored by two large master-planned communities developed by Brookfield: 4,000 residential units completed or under construction at Wendell Falls, and an additional 2,000 units underway at the adjacent Ponder development to the east. This substantial residential investment creates compelling fundamentals for industrial development, particularly for last-mile distribution facilities and trade users seeking to serve dense, high-growth residential communities.