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    4600 Old Wake Forest Rd Raleigh, NC 27609

    For Sale
    $895,000

    LAND - Raleigh, NC

    Lot size:
    1.18 Acres
    Days on Market:
    132
    Last Refresh:
    Dec 15 at 12:06 am

    Property Features for 4600 Old Wake Forest Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Cleared
    Zoning
    R6
    APN
    0059531 and 0059530
    Lot size
    1.18 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    ALL GOOD REAL ESTATE LLC (919) 630-4068 [email protected]

    Listing agent Phyllis Algood (919) 630-4068

    Listing date Aug 6, 2025

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Raleigh Acreage Opportunity

    This 1.18-acre lot is located off Old Wake Forest Road in North Raleigh. The property is surrounded by shopping centers, restaurants, and residential neighborhoods. Zoned R6, the land presents an opportunity to build a home or explore rezoning for commercial use. The property is located in Wake County, within the 27609 postal code.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.609791
    Latitude
    35.843049

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    FAQs

    What type of property is this?
    Residential land & home lot - 1.18-acre lot in desirable Raleigh location, suitable for residential or commercial.
    Where is this residential land & home lot located?
    The property is located at 4600 Old Wake Forest Rd Raleigh, NC.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Prime 1.18-acre lot in North Raleigh.; - Potential for rezoning for commercial use.; - Surrounded by shopping centers and restaurants.
    (919) 630-4068
    Request Owner's contact information
    4600 Old Wake Forest Rd Raleigh, NC 27609
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    Raleigh, NC 27609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4600 Old Wake Forest Rd Raleigh, NC 27609
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