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    5917 Mitchell Mill Rd Wake Forest, NC 27587

    For Sale
    $395,000

    LAND - Wake Forest, NC

    Lot size:
    3.02 Acres
    Days on Market:
    232
    Last Refresh:
    Dec 5 at 7:06 am

    Property Features for 5917 Mitchell Mill Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Partially Wooded
    Lot size
    3.02 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Water source
    Well

    eXp Realty, LLC (919) 333-4265 [email protected]

    Listing agent Amir Akeem Hunter (984) 298-3807

    Listing date Apr 18, 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

    Wake Forest Commercial Land Opportunity

    This 3.02-acre commercial land opportunity is located in Wake Forest, North Carolina. The General Business - Conditional Use lot is situated within Wake County's ETJ, offering flexibility for a wide range of commercial uses. The property includes a distressed doublewide trailer and existing infrastructure with electricity, a private well, and a septic tank. Annexation into the Town of Rolesville is an option for those seeking access to public utilities. The lot is positioned at the high-visibility intersection of Mitchell Mill Road and Rolesville Road, surrounded by rapidly expanding residential development, creating strong potential for both long-term investment and future business growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Hotel & Motel Kitchen & Bath HVAC Service Grocery Store Garden Center Plumbing Service Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wake Forest
    County
    Wake
    State
    North Carolina
    Longitude
    -78.450785
    Latitude
    35.878611

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    FAQs

    What type of property is this?
    Commercial land - 3.02 acre commercial lot in rapidly growing Wake Forest.
    Where is this commercial land located?
    The property is located at 5917 Mitchell Mill Rd Wake Forest, NC.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - High-visibility location at the intersection of Mitchell Mill Road and Rolesville Road.; - General Business - Conditional Use zoning offers flexibility for various commercial uses.; - Located within Wake County's ETJ, surrounded by rapidly expanding residential development.
    (984) 298-3807
    Request Owner's contact information
    5917 Mitchell Mill Rd Wake Forest, NC 27587
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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
    5917 Mitchell Mill Rd Wake Forest, NC 27587
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