Raleigh Development Opportunity: 5.09
For Sale
$1,400,000
11601 Forest Pines, Raleigh, NC 27614
Prime commercial land near school and residential area.
Property SizeContact for details
Lot Size5.09 Acres
Days on Market170
Property Features for 11601 Forest Pines
General Information
Standard status
Active
Lot size
5.09 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$2,637
Listing Agency:
CENTURY 21 TRIANGLE GROUP
(919) 720-4217
Listed By:
KELLY CARRAWAY · License #268210
Source:
Corcoran
Added: Feb 26
Changed: Aug 8
Last Checked: Aug 8 at 6:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 TRIANGLE GROUP
Investment Insights
Based on property information with market context.
This commercial site in Wake County, Raleigh, presents a development opportunity on 5.09 acres. The property benefits from high visibility and a built-in customer base, located directly across from an elementary school and surrounded by residential subdivisions. The area experiences high traffic, with immediate proximity to local schools and dense residential areas. Currently zoned OX-3-PK (Office Mixed Use), the site offers a variety of professional and community-service possibilities. Raleigh Water and Utilities are accessible. Permissible uses include medical offices, which are fully permissible, and day care centers, which are a high-demand limited use. Retail and pharmacy uses are opportunistic limited uses that can serve the daily needs of nearby residents, subject to Raleigh UDO requirements. The site is currently approved for up to 3 stories, with a path for rezoning to increase density and height via the City of Raleigh Rezoning Process. A Site Investigation Report is available upon request.
Key Highlights
- Prime 5.09‑acre commercial development opportunity in Raleigh, Wake County.
- Unparalleled visibility with a built‑in customer base across from an elementary school and surrounded by residential areas.
- High‑traffic location near local schools and many homes.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Explore this area
Business Placement
Demographics for 27614, NC
35,415
Population
14,834
Households
2.4
Avg Household Size
42
Median Age
62%
College-Educated
96%
High-School Grad
27.7 sq mi
ZIP Area
1,279
Density / Sq Mi
$122,258
Median Household Income
$72,036
Median Earnings
$1,548
Median Rent
$530,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Prime commercial land near school and residential area.
Where is this commercial land located?
The property is located at 11601 Forest Pines Raleigh, NC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Prime 5.09‑acre commercial development opportunity in Raleigh, Wake County.; Unparalleled visibility with a built‑in customer base across from an elementary school and surrounded by residential areas.; High‑traffic location near local schools and many homes.
