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601 Forestville Rd 3.91 Acres of Residential Land Offered at $1,106,000 CAD in Wake Forest, NC 27587
INVESTMENT HIGHLIGHTS
- ±3.91 acres for sale in Wake Forest
- Numerous amenities nearby
- Ideally suited for townhome development
- Water and sewer in Forestville Road at the property
- Premier infill opportunity surrounded by established neighborhoods and abundant amenities including top-tier retail, schools, and healthcare
EXECUTIVE SUMMARY
Water and sewer in Forestville Road at the property
Numerous amenities nearby including Publix, Lowe’s, and Harris Teeter, medical offices, Heritage Elementary and Middle Schools, restaurants and convenience and drug stores.
Property is surrounded by numerous developments including residential homes and townhomes
Future land use designation of ‘Mixed Residential’ allows diverse housing types including townhomes, duplexes, quadplexes, and small-scale multifamily
Nearby parks and athletic fields provide great recreational opportunities for the development
RD zoning
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $1,106,000 CAD | Property Subtype | Residential |
| Sale Type | Owner User | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 3.91 AC |
| Property Type | Land | ||
| Zoning | RD - Residential Development | ||
| Price | $1,106,000 CAD |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 3.91 AC |
| Zoning | RD - Residential Development |
1 LOT AVAILABLE
Lot
| Price | $1,106,000 CAD | Lot Size | 3.91 AC |
| Price Per AC | $282,864.46 CAD |
| Price | $1,106,000 CAD |
| Price Per AC | $282,864.46 CAD |
| Lot Size | 3.91 AC |
The property is located on Forestville Road, conveniently accessed from Rogers Road and S Franklin Street. Premier infill opportunity surrounded by established neighborhoods and abundant amenities including top-tier retail, schools, and healthcare.
DESCRIPTION
The property consists of 3.91 total acres and is ideally suited for townhome development. Both water and sewer are located on Forestville Road at the property and this is one of the last undeveloped parcels in this thriving corridor. The site features elevated topography ideal for townhome development, offering attractive views and minimal site work. The property is located on Forestville Road, conveniently accessed from Rogers Road and S Franklin Street. Premier infill opportunity surrounded by established neighborhoods and abundant amenities including top-tier retail, schools, and healthcare.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $428,634 CAD | Total Assessment | $428,634 CAD |
PROPERTY TAXES
Presented by
601 Forestville Rd
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