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Raleigh Commercial Land Opportunity
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11601 Forest Pines Drive, Raleigh, NC 27614

5.09 acres of commercial land in Raleigh, NC for sale.

Property SizeContact for details
Lot Size5.09 Acres
Days on Market175

Property Features for 11601 Forest Pines Drive

General Information

Standard status Active
Lot size 5.09 Acres
Property subtype Land
Listing Agency: CENTURY 21 Triangle Group
Listed By: Kelly Carraway · License #NC
Source: Crexi
Added: Feb 27 Changed: Aug 8 Last Checked: Aug 21 at 11:18AM

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 5.09-acre commercial site in Wake County, Raleigh, NC, presents a development opportunity with high visibility. The property is located directly across from an elementary school and is surrounded by a residential subdivision. The area benefits from high traffic and proximity to local schools and residential areas. The current zoning is OX-3-PK (Office Mixed Use), which allows for a variety of professional and community-service possibilities. Raleigh Water and Utilities are accessible. Permissible uses under the Office Mixed Use (OX) district include medical offices, and a day care center is a high-demand limited use. Retail and pharmacy uses are also possible as limited uses. The site is currently approved for up to 3 stories, with the potential for rezoning to increase density and height via the City of Raleigh Rezoning Process. A Site Investigation Report is available.

Key Highlights

  • Prime commercial site with high visibility and traffic, directly across from an elementary school and surrounded by residential areas.
  • Flexible OX‑3‑PK (Office Mixed Use) zoning allows for a variety of professional and community‑service uses.
  • Development ready with access to Raleigh Water and Utilities.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

719
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 5.09 acres of commercial land in Raleigh, NC for sale.
Where is this commercial land located?
The property is located at 11601 Forest Pines Drive 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 commercial site with high visibility and traffic, directly across from an elementary school and surrounded by residential areas.; Flexible OX‑3‑PK (Office Mixed Use) zoning allows for a variety of professional and community‑service uses.; Development ready with access to Raleigh Water and Utilities.
(919) 441-6912 Call to check price and availability
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