Raleigh Land
For Sale
$275,000
Pending
7404 Lake Wheeler Road, Raleigh, NC 27603
LAND - Raleigh, NC
Lot Size1.30 Acres
Days on Market71
Property Features for 7404 Lake Wheeler Road
General Information
Property type
Land
Property subtype
Other
Zoning
R-40W
Vegetation
Cleared
Subdivision
Not in a Subdivision
Lot features
Cleared, Level, Private
Elementary school
Wake - Yates Mill Elementary
Middle school
Wake - Dillard Drive Middle
High school
Wake - Middle Creek High
Special listing conditions
Real Estate Owned
Standard status
Pending
APN
078004828707000 0017926
Lot size
1.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lo4 & 5 Div Pt R A Stephsen Bm1983-00328
Tax Annual Amount
1429
Legal Description
Lo4 & 5 Div Pt R A Stephsen Bm1983-00328
Utilities
Sewer type
Septic Tank
Water source
Well, Private
Listing Agency:
Raleigh Realty Inc.
(919) 249-8536
Listed By:
Thania Castro Fierro
(919) 884-5770
Added: May 22
Changed: Jul 30
Last Checked: Jul 31 at 2:06AM
MLS# 10169364
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 property presents a rare opportunity to own approximately 1.30 acres of mostly cleared land in Raleigh. Situated just off Lake Wheeler Rd, the property offers a canvas for building a home, with privacy and convenience. The location provides easy access to Apex, Cary, and Raleigh. The property is surrounded by mature privacy trees. A septic system is already in place. The site is located minutes from Lake Wheeler and near an upcoming Costco, Starbucks, and Chick-fil-A development.
Key Highlights
- Large 1.30 acre lot in a desirable Raleigh location.
- No HOA or subdivision restrictions.
- Convenient access to Apex, Cary, and Raleigh.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
Explore this area
Business Placement
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
Market
Properties on Market for Land in Raleigh
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 1.3 acres in a sought-after Raleigh location.
Where is this land 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: Large 1.30 acre lot in a desirable Raleigh location.; No HOA or subdivision restrictions.; Convenient access to Apex, Cary, and Raleigh.
