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1005 Chalk Rd 10.76 Acres of Commercial Land Offered at $2,255,220 CAD in Wake Forest, NC 27587
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
| Price | $2,255,220 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 10.76 AC |
| Property Type | Land | ||
| Zoning | NB - Neighborhood Business | ||
| Price | $2,255,220 CAD |
| 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 | $2,255,220 CAD | Lot Size | 10.76 AC |
| Price Per AC | $209,592.93 CAD |
| Price | $2,255,220 CAD |
| Price Per AC | $209,592.93 CAD |
| 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 Numbers | Improvements Assessment | $63,979 CAD | |
| Land Assessment | $1,432,798 CAD | Total Assessment | $1,496,778 CAD |
Property Taxes
Presented by
M & J Realty Group
1005 Chalk Rd
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