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2700 Forestville Rd 11.79 Acres of Commercial Land Offered at $2,419,375 CAD in Wake Forest, NC 27587

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INVESTMENT HIGHLIGHTS

  • Nearby Wake Forest and Rolesville are among the fastest growing towns in North Carolina.
  • Water and sewer available.

EXECUTIVE SUMMARY

Land for residential development for sale in Raleigh.

PROPERTY FACTS

Price $2,419,375 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 11.79 AC
Zoning R - Residential

1 LOT AVAILABLE

Lot

Price $2,419,375 CAD
Price Per AC $205,205.69 CAD
Lot Size 11.79 AC

DESCRIPTION

Land in Raleigh, NC near the intersection of US Hwy 401 and Forestville Road. Located less than four miles from I-540. Preliminary plan shows 24 single-family home lots. Adjacent to residential development planned for 224 apartment units and 147 townhouse units.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1748.04-52-8864-000
Land Assessment
$3,277,096 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,277,096 CAD
  • Listing ID: 25195044

  • Date on Market: 2022-03-07

  • Last Updated:

  • Address: 2700 Forestville Rd, Wake Forest, NC 27587

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