Raleigh Commercial Development
For Sale
$1,400,000
11601 Forest Pines Drive, Raleigh, NC 27614
COMMERCIAL - Raleigh, NC
Lot Size5.09 Acres
Days on Market154
Property Features for 11601 Forest Pines Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
5.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Wkfld Comm-Wakefield Pk Tr85 Bm2005-00577
Tax Annual Amount
2637
Legal Description
Wkfld Comm-Wakefield Pk Tr85 Bm2005-00577
Listing Agency:
Century 21 Triangle Group · Century 21 Real Estate
(919) 720-4217
Listed By:
Kelly Carraway · License #NC 268210
(919) 441-6912
Added: Feb 26
Changed: May 19
Last Checked: Jul 30 at 8:06PM
MLS# 10148919
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5.09-acre commercial site in Raleigh, Wake County, North Carolina, presents a development opportunity with high visibility. The property is situated across from an elementary school and surrounded by residential subdivisions, offering a built-in customer base. The location benefits from high traffic and proximity to local schools and residential areas. Currently zoned OX-3-PK (Office Mixed Use), the site 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, which are fully permissible. A day care center is a high-demand limited use, ideally positioned for the neighborhood and school traffic. 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 the potential for rezoning to increase density and height through the City of Raleigh Rezoning Process. A Site Investigation Report is available upon request.
Key Highlights
- Prime commercial site with unparalleled visibility in a high‑traffic area.
- Located directly across from a bustling elementary school and surrounded by established residential subdivisions.
- Flexible OX‑3‑PK (Office Mixed Use) zoning allows for a variety of professional and community‑service possibilities.
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
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Frequently Asked Questions
What type of property is this?
Commercial land - 5.09 acres in Raleigh, NC, prime for development.
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 unparalleled visibility in a high‑traffic area.; Located directly across from a bustling elementary school and surrounded by established residential subdivisions.; Flexible OX‑3‑PK (Office Mixed Use) zoning allows for a variety of professional and community‑service possibilities.
