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Wake Forest Land Parcel
For Sale
$750,000

7924-B Midnight Lane, Wake Forest, NC 27587

10.87 acre parcel suitable for estate home or horse farm.

Property SizeContact for details
Lot Size7.17 Acres
Days on Market510

Property Features for 7924-B Midnight Lane

General Information

Standard status Active
Lot size 7.17 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,748

Amenities

Cul-de-sac
Flood Plains
Wetlands
Listing Agency: TRADEMARK RESIDENTIAL
Listed By: MICHAEL KEEN · License #141045
Source: Corcoran
Added: Mar 18, 2025 Changed: Aug 8 Last Checked: Jul 16 at 6:07AM

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 TRADEMARK RESIDENTIAL

Investment Insights

Based on property information with market context.

This 10.87-acre parcel, identified as parcel 173890068, is offered for sale. It can be purchased separately or together with another parcel, as detailed in MLS #1008051. Lot 2 (7924B MLS #10083015) encompasses 7.17 acres and features 360 linear feet of Neuse River frontage. Some soil work has been completed on the lot. Zoned R30, the property allows a maximum density of 1.45 units per acre. Well and septic sites are present, along with a private paved access road. The property is located off Ligon Mill Road on Midnight Lane, which is slated to become a dead end upon the completion of the Ligon Mill Road realignment construction in 2026. Situated in the Wake Forest/Raleigh area, the location provides convenient access to US401, I540, US1, and various shopping and dining options. The property is suitable for an estate home or a horse farm. An additional 5 acres are available if needed.

Key Highlights

  • Neuse River frontage (360 LF)
  • Large lot size: 7.17 +\/- acres
  • R30 zoning with density of 1.45 units per acre

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Auto Repair Shop Big Box & Wholesale Store

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

49
Businesses Nearby

Demographics for 27587, NC

76,647
Population
30,571
Households
2.5
Avg Household Size
40
Median Age
56%
College-Educated
96%
High-School Grad
105.1 sq mi
ZIP Area
729
Density / Sq Mi
$125,607
Median Household Income
$59,006
Median Earnings
$1,415
Median Rent
$452,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 10.87 acre parcel suitable for estate home or horse farm.
Where is this residential land & home lot located?
The property is located at 7924-B Midnight Lane Wake Forest, NC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Neuse River frontage (360 LF); Large lot size: **7.17 +\/- acres**; R30 zoning with density of 1.45 units per acre
More about this property
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