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0 Mitchell Mill rd - 0 Mitchell Mill Rd & 3305 Peebles Rd 74.96 Acres of Residential Land Offered at $8,100,000 in Wake Forest, NC 27587
Investment Highlights
- ±74.96 total acres across two contiguous tracts
- Conceptual sketch plan indicating approximately 75 single-family lots (100’ x 200’ typical)
- Convenient to Rolesville, Wake Forest, North Raleigh, and Research Triangle Park
- Wake County R-30 and GB zoning designations (PINs 1757349473 & 1757434781)
- Conceptual community well system with individual septic; municipal utility availability has not been verified
- Pricing guidance: $108,000 per acre ($8,100,000 Total)
Executive Summary
±74.96-acre residential development opportunity located at 0 Mitchell Mill Road and 3305 Peebles Road in northeast Wake County. Zoned R-30, the property includes two contiguous tracts and offers potential for a sizable single-family residential community. A conceptual sketch plan has been prepared for approximately 75 lots.
The property is located in the growing Rolesville–Wake Forest area, offering a combination of rural surroundings and convenient access to nearby residential communities, shopping, schools, and employment centers. Its location provides connectivity to Rolesville, Wake Forest, North Raleigh, and the broader Research Triangle region.
The property is located in the growing Rolesville–Wake Forest area, offering a combination of rural surroundings and convenient access to nearby residential communities, shopping, schools, and employment centers. Its location provides connectivity to Rolesville, Wake Forest, North Raleigh, and the broader Research Triangle region.
Property Facts
| Price | $8,100,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 74.96 AC |
| Property Type | Land | Cross Streets | Peebles Rd |
| Zoning | R-30 and GB - R-30 Residential | GB General Business | Low-Scale Residential & Special Study Area Future Land Use | ||
| Price | $8,100,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 74.96 AC |
| Cross Streets | Peebles Rd |
| Zoning | R-30 and GB - R-30 Residential | GB General Business | Low-Scale Residential & Special Study Area Future Land Use |
1 Lot Available
Lot
| Price | $8,100,000 | Lot Size | 74.96 AC |
| Price Per AC | $108,057.63 |
| Price | $8,100,000 |
| Price Per AC | $108,057.63 |
| Lot Size | 74.96 AC |
±74.96-acre residential development opportunity located at 0 Mitchell Mill Road and 3305 Peebles Road in northeast Wake County. Zoned R-30, the property includes two contiguous tracts and offers potential for a single-family residential community.
Description
±74.96-acre residential development opportunity located at 0 Mitchell Mill Road and 3305 Peebles Road in northeast Wake County. Zoned R-30, the property includes two contiguous tracts and offers potential for a sizable single-family residential community. A conceptual sketch plan has been prepared for approximately 75 lots.
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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