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711 N Main St 0.87 Acres of Commercial Land Offered at $550,000 in Wake Forest, NC 27587
Investment Highlights
- ±0.87-acre infill development opportunity
- Frontage on N Main Street with ~7,300 AADT
- Located within Wake Forest’s growing downtown corridor
- Split zoning: NB (front) and UR (rear)
- Utilities available to the site
Executive Summary
- Front parcel zoned Neighborhood Business (NB); rear parcels zoned Urban Residential (UR)
- Concept supports a 3-story mixed-use development (town approval required)
- Full utilities available: water, sewer, and gas
- Price reduction to $550,000
Property Facts
| Price | $550,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 0.87 AC |
| Property Type | Land | ||
| Zoning | NB/UR - Neighborhood business/Urban Residential | ||
| Price | $550,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.87 AC |
| Zoning | NB/UR - Neighborhood business/Urban Residential |
1 Lot Available
Lot
| Price | $550,000 | Lot Size | 0.87 AC |
| Price Per AC | $632,183.91 |
| Price | $550,000 |
| Price Per AC | $632,183.91 |
| Lot Size | 0.87 AC |
±0.87-acre infill development site along N Main Street in Wake Forest, NC. Comprised of three parcels with frontage on N Main Street (~7,300 AADT) and utilities available, positioned for mixed-use or urban redevelopment.
Description
The subject property consists of ±0.87 acres located along N Main Street in Wake Forest, Wake County, North Carolina. The site is comprised of three parcels with split zoning, Neighborhood Business (NB) along the Main Street frontage and Urban Residential (UR) to the rear, allowing for a range of infill redevelopment strategies. Positioned approximately 18 miles north of Downtown Raleigh, the property benefits from strong visibility along N Main Street and proximity to Capital Boulevard, NC-98 and NC-96. Existing structure on property holds no value.
Property Taxes
| Parcel Numbers | Improvements Assessment | $179,377 | |
| Land Assessment | $159,098 | Total Assessment | $338,475 |
Property Taxes
Presented by
711 N Main St
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