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    Ralph Dr Wake Forest, NC 27587

    For Sale
    $1,550,000

    LAND - Wake Forest, NC

    Lot size:
    20.54 Acres
    Days on Market:
    165
    Last Refresh:
    Dec 7 at 12:06 pm

    Property Features for Ralph Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Brush, Wooded, Grassed, Heavily Wooded
    APN
    multiple
    Lot size
    20.54 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Needed
    Water source
    Public

    Golden Realty & Management (919) 830-2974 [email protected]

    Listing agent Man Leete (919) 539-3391

    Listing date Jun 26, 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 Acreage Assemblage

    This property comprises a rare assemblage of over 14 parcels, totaling approximately 20.54 acres. It is located just off N Main St, in close proximity to the Wake Forest Historic District and the shopping and dining options of Downtown Wake Forest. A portion of the land and access adjoins the approved Kinsley Subdivision via Lake Forest Dr and Ralph Dr. The topography varies, with several lots suited for walkout basements and others that are mostly flat. Mature forests provide natural views, and a small creek buffers the rear of the property. This property is suitable for developing a small subdivision near Downtown, or for creating a family farm or compound.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Wake Forest
    County
    Wake
    State
    North Carolina
    Longitude
    -78.496143
    Latitude
    36.003938

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    FAQs

    What type of property is this?
    Land - 20.54 acres near Wake Forest Historic District.
    Where is this land located?
    The property is located at Ralph Dr Wake Forest, NC.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - 20.54 acres of land near Wake Forest Historic District and Downtown.; - Development potential for a small subdivision.; - Adjoins approved Kinsley Subdivision with access from Lake Forest Dr and Ralph Dr.
    (919) 539-3391
    Request Owner's contact information
    Ralph Dr 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
    Ralph Dr Wake Forest, NC 27587
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