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    9500 Ligon Mill Rd Wake Forest, NC 27587

    Pending
    For Sale
    $1,750,000

    LAND - Wake Forest, NC

    Lot size:
    9.06 Acres
    Days on Market:
    282
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 9500 Ligon Mill Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Vegetation
    Wooded, Partially Wooded, Heavily Wooded
    Zoning
    GR-3
    APN
    1739953127
    Lot size
    9.06 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Water source
    Private, Well

    Building Details

    Additional Structures
    Mobile Home

    Rich Realty Group, Inc (919) 697-5320 [email protected]

    Listing agent David MANG (919) 757-3652

    Listing date Feb 28, 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 Land Opportunity

    This property features over 9 acres of land situated on Ligon Mill Road in Wake Forest, North Carolina. The site is located between Falls of Neuse Road/Main Street and Burlington Mills Road. It is zoned GR-3. Sewer access is nearby. The surrounding area is experiencing development activity to the north and south of the property on Ligon Mill Road, presenting an opportunity to participate in Wake Forest's growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

    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
    -78.52938
    Latitude
    35.933867

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    FAQs

    What type of property is this?
    Commercial land - 9+ acres of land in Wake Forest, North Carolina.
    Where is this commercial land located?
    The property is located at 9500 Ligon Mill Rd Wake Forest, NC.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - 9+ acre estate in desirable Wake Forest location on Ligon Mill Rd.; - GR-3 Zoning offers development potential.; - Sewer nearby enhances development possibilities.
    (919) 757-3652
    Request Owner's contact information
    9500 Ligon Mill Rd Wake Forest, NC 27587
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    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
    9500 Ligon Mill Rd Wake Forest, NC 27587
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