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1005 Chalk Rd
Wake Forest, NC 27587
Land For Sale
·
10.76 AC


Investment Highlights
- 10.76-acre commercial parcel in high-growth Wake Forest
- Excellent visibility and access to major roadways
- Ideal for neighborhood retail or mixed-use development
- Zoned NB, allowing diverse retail and service uses
- Strong demographics and expanding residential base nearby
Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 10.76 AC |
| Zoning | NB - Neighborhood Business | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 10.76 AC |
| Zoning | NB - Neighborhood Business |
1 Lot Available
Lot
| Price | $1,650,000 | Lot Size | 10.76 AC |
| Price Per AC | $153,345.72 |
| Price | $1,650,000 |
| Price Per AC | $153,345.72 |
| Lot Size | 10.76 AC |
Description
The site benefits from excellent visibility and accessibility, situated near major thoroughfares that connect Wake Forest to the greater Raleigh-Durham region. This strategic location places future businesses within minutes of residential communities, schools, and retail hubs, ensuring a steady flow of customers and strong demand for neighborhood services. With utilities available and flexible zoning, the property is ready for immediate planning and development. Wake Forest continues to experience robust economic and population growth, driven by its proximity to Research Triangle Park and Raleigh’s dynamic business environment. This parcel offers a rare chance to secure a sizable tract in one of North Carolina’s most desirable suburban markets, where commercial land is increasingly scarce.
Property Taxes
| Parcel Number | 1850.03-14-8811-000 | Improvements Assessment | $0 |
| Land Assessment | $110,000 | Total Assessment | $110,000 |
