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1252 Wait Ave 38.21 Acres of Commercial Land Offered at $13,500,000 in Wake Forest, NC 27587

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INVESTMENT HIGHLIGHTS

  • Future Land Use Mixed Residential
  • Proximity to Raleigh/RTP
  • Utilities Onsite

EXECUTIVE SUMMARY

Prime 38.21-acre land assemblage in thriving Wake Forest, NC, offering exceptional potential for future mixed-use residential development. Strategically located at the intersection of Jones Dairy Road and Highway 98, the site boasts dual road frontage, excellent visibility, and direct access to on-site water and sewer utilities. Just minutes from downtown Wake Forest, and with easy connectivity to Raleigh and Research Triangle Park, this property is ideally positioned for growth in one of the region's fastest-growing corridors.

PROPERTY FACTS Under Contract

Price $13,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Planned Unit Development
Total Lot Size 3.71 AC
Year Built 1947
Zoning RD - Residential

1 LOT AVAILABLE

Lot

Price $13,500,000
Price Per AC $353,310.65
Lot Size 38.21 AC
  • Listing ID: 35827413

  • Date on Market: 5/11/2025

  • Last Updated:

  • Address: 1252 Wait Ave, Wake Forest, NC 27587

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