14200 Falls of Neuse Rd
Wake Forest, NC 27587
Wakefield Commons · Land For Sale · 3.11 AC

Situated in one of North Raleigh's most active and rapidly growing retail corridors, 14200 Falls of Neuse Road presents a compelling opportunity for developers and investors seeking a well-positioned commercial site in a high-demand trade area. This 3.11-acre parcel benefits from exceptional visibility, steady traffic patterns, and direct adjacency to established residential neighborhoods, medical facilities, and expansive retail clusters. With access on three sides of the property, including proximity to a signalized intersection, the site is designed to support efficient traffic flow and strong customer access for a future retail, medical, or service-oriented development.
The property sits at the gateway to Wakefield Commons Shopping Center, drawing consistent vehicle trips from surrounding national retailers and service providers that anchor the community’s daily activity. Traffic counts of 27,000 vehicles per day along Falls of Neuse Road and 46,000 vehicles per day along nearby Capital Boulevard further validate the strength of the location. This positioning is reinforced by robust local demographics, including nearly 188,000 residents within a 15-minute drive and an impressive average household income of $147,994 within five minutes, underscoring strong buying power and sustained consumer demand.
Raleigh itself remains one of the Southeast’s most dynamic metropolitan areas, characterized by steady population growth, expanding employment, and a diversified economy anchored by technology, healthcare, and higher education. This site benefits from that momentum, offering a rare chance to secure a highly visible development parcel in a mature, affluent, and supply-constrained submarket. Zoning under CX-3-PK provides flexibility for a range of commercial uses, supporting long-term value creation and multiple development strategies.