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Residential Land Development Opportunity
For Sale
$895,000

4600 Old Wake Forest Road, Raleigh, NC 27609

1.18-acre lot located just off Old Wake Forest Road, offering flexible options for future development.

Property SizeContact for details
Lot Size1.18 Acres
Days on Market499

Property Features for 4600 Old Wake Forest Road

General Information

Standard status Active
Lot size 1.18 Acres
Property subtype Land / Unimproved Land

Taxes and HOA fees

Annual Taxes $1,478

Amenities

Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
No
Listing Agency: All Good Real Estate
Listed By: Phyllis Algood · License #233518
Source: Compass
Added: Apr 11, 2025 Changed: Aug 8 Last Checked: Mar 25 at 3:53PM

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 All Good Real Estate

Investment Insights

Based on property information with market context.

Located at 4600 Old Wake Forest Road, this 1.18-acre residential lot offers room for a custom home build or other development plans. The property is described as a rare find with flexibility for how the site may be used in the future.

The lot is situated just off Old Wake Forest Road and is surrounded by shopping centers, restaurants, and residential neighborhoods. Public remarks also note the possibility of rezoning for commercial use for buyers exploring business opportunities.

As presented, this is a single land parcel opportunity in a well-established area with multiple directions for a buyer to consider.

Key Highlights

  • 1.18‑acre lot located just off Old Wake Forest Road
  • Utilities available: electricity, natural gas, water, sewer, and cable
  • Phone service is available

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Storage Facility Grocery & Convenience Store Hotel & Motel Veterinary Clinic

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

1,796
Businesses Nearby

Demographics for 27609, NC

36,218
Population
19,740
Households
1.8
Avg Household Size
38
Median Age
61%
College-Educated
93%
High-School Grad
10.9 sq mi
ZIP Area
3,323
Density / Sq Mi
$81,538
Median Household Income
$53,670
Median Earnings
$1,393
Median Rent
$441,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 1.18-acre lot located just off Old Wake Forest Road, offering flexible options for future development.
Where is this residential land & home lot located?
The property is located at 4600 Old Wake Forest Road Raleigh, NC.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 1.18‑acre lot located just off Old Wake Forest Road; Utilities available: electricity, natural gas, water, sewer, and cable; Phone service is available
More about this property
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