FOR SALE Former Assisted Living Facility 306 S. Allen Road Wake Forest, NC 27587

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1 FOR SALE Former Assisted Living Facility 306 S. Allen Road Wake Forest, NC 27587

2 306 S. Allen Road Aerial View

3 Wake County Tax Records Most Notable Facts: - 23,438 SF Building acres of land improved in 1958 with senior care facility - Original construction consisted of 11,501sf with 30 beds - 6,270sf wing was added in 1979 with 30 beds - 5,667sf added in 1999 containing 20 beds - FOR SALE at $885,000

4 Demographics

5 Master Planned Communities in MSA Tradi.ons Master Planned Community Homes Phase I Acres to build out Proposed Site Wakefield Plantation - 2,200 acre master planned community Heritage - 2,000 acre master planned community

6 Property Overview The property is ideally located on a quiet side street in Wake Forest 1 mile from Downtown Wake Forest with walking access to Shopping, Food, Entertainment, Churches 1 mile from Northern Wake Senior Center, Post Office, Wake County Public Library, VFW Post. Minutes to Rex Healthplex and numerous Physicians, Drugstores, & Wake County TRAX Program public transportation services Additional community amenities include parks, historic downtown with year round festivals and community events.

7 Town of Wake Forest History The town began in 1832 when the North Carolina Baptist Convention, intent on establishing an educational institute to train future ministers, purchased Dr. Calvin Jones' 615-acre plantation north of the existing community of Forestville for $2,000. The town's first industry, the Royall Cotton Mill, was built in 1899 by three brothers-in-law, W.C. Powell, R.E. Royall and T.E. Holding, to produce muslin sheeting from local cotton. The mill and the operatives' homes that were soon built were just north of the town boundary. Wake Forest Region's atmosphere can be described in one word: "festive." From January through December, one can always find a reason to celebrate life beyond the traditional holiday celebrations. Whether it's cheering for your favorite sports team, participating in Wake Forest's "Six Sundays in Spring" or the annual "Meet in the Street" festival that draws over 10,000 residents to our downtown area the social calendar will never be boring. Over the years, the Wake Forest Farmers' Market has grown into a lively community event each Saturday morning. We offer our own fresh-off-the-farm produce; pasture-raised beef, poultry, and pork; free-range eggs; fresh and dried herbs; honey, jams, and preserves; freshcut flowers; and delicious baked goods. The majority of our farm products are raised using environmentally sustainable agricultural practices, which are healthy for the soil, water, air, animals, and you!

8 Town of Wake Forest The Wake Forest Parks & Recreation Department manage 561 acres of parks, open space, natural land and trails. This includes five baseball/softball field, dog park, the Wake Forest Community House, Flaherty Park Community Center, and more than six miles of greenway trails. Wake Forest Town Hall earned LEED Platinum certification in November It is one of only a handful of municipal buildings in the United States to receive Platinum status. LEED certification identifies the facility as a pioneering example of sustainable design. Beginning in the 1990s and continuing today, Wake Forest has seen an explosive growth in its population, now having over 65,000 residents with expectations of growing to over 80,000 by 2017, within a five mile radius. While our local government has positioned Wake Forest for future economic opportunities, they have successfully preserved the rich heritage of our community and are committed to remaining prudent stewards of our environment. We invite you to visit the following sites to gain further information about Wake Forest! wakeforestnc.gov wakeforestdowntown.com wakeforesteconomicdevelopment.com

9 PLATINUM COMMERCIAL REALTY Sales Leasing Property Management Established in 2011, Platinum Commercial Realty, LLC is a full service real estate Hirm locally owned and operated by Johnny Corbett. Platinum brokers are dedicated to providing exceptional brokerage services to every client. We are building on relationships formed with trust, integrity and commitment. Our mission is to understand our clients needs and formulate a strategy to translate those objectives into reality. To accomplish this mutual goal we employ our knowledge, resource base and passion. We add value, deliver results and are truly there for our clients from beginning to end! We value the opportunity to earn your business! Melinda Hall, Broker [email protected] P.O. Box Raleigh, NC Mobile: (919) OfMice: (919) Fax: (919)