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1.30 Acres in Prime Location
For Sale
$275,000

7404 Lake Wheeler Road, Raleigh, NC 27603

Cleared land near Lake Wheeler, convenient to Raleigh, Apex, Cary.

Property SizeContact for details
Lot Size1.30 Acres
Days on Market145

Property Features for 7404 Lake Wheeler Road

General Information

Standard status Active
Lot size 1.30 Acres
Property subtype Land / Unimproved Land

Taxes and HOA fees

Annual Taxes $1,429

Amenities

Electricity Connected, Septic Connected
No
Listing Agency: Raleigh Realty Inc.
Listed By: Thania Castro Fierro · License #338567
Source: Compass
Added: Mar 30 Changed: Aug 8 Last Checked: Jul 16 at 8:24AM

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 Raleigh Realty Inc.

Investment Insights

Based on property information with market context.

This property features approximately 1.30 acres of mostly cleared land. It is located off Lake Wheeler Road in Raleigh. The site offers an opportunity for residential construction. The location provides access to Apex, Cary, and Raleigh. The property is near Lake Wheeler and a planned development with Costco, Starbucks, and Chick-fil-A. Mature privacy trees surround the open space. A septic system is already in place.

Key Highlights

  • Approximately 1.30 acres of mostly cleared land in a sought‑after Raleigh location.
  • No HOA or subdivision restrictions, offering wide open space.
  • Septic system already in place, providing a head start on building.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Pharmacy Big Box & Wholesale Store Bakery

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

25
Businesses Nearby

Demographics for 27603, NC

54,616
Population
24,030
Households
2.3
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
51.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$87,939
Median Household Income
$51,856
Median Earnings
$1,496
Median Rent
$347,000
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 - Cleared land near Lake Wheeler, convenient to Raleigh, Apex, Cary.
Where is this residential land & home lot located?
The property is located at 7404 Lake Wheeler Road Raleigh, NC.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Approximately 1.30 acres of mostly cleared land in a sought‑after Raleigh location.; No HOA or subdivision restrictions, offering wide open space.; Septic system already in place, providing a head start on building.
More about this property
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