Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    711 Main St Wake Forest, NC 27587

    Sponsored
    For Sale
    $947,425

    Prime 0.87-acre commercial lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.87-acre commercial land parcel presents a remarkable development opportunity in the heart of Wake Forest, North Carolina. Situated at 711 N Main St, Wake Forest, NC 27587, this property is ideally located in the downtown area and offers significant potential for various commercial ventures. The lot is comprised of three separate parcels, providing flexibility for development plans. Zoned NB and UR, this land allows for a diverse range of commercial uses, making it an attractive investment for developers and entrepreneurs seeking a high-visibility location. The property's size and central location within Wake Forest's vibrant downtown district ensure high traffic and excellent visibility, making it an ideal site for businesses seeking strong community engagement. With its strategic location and flexible zoning, this property is poised for significant growth and return on investment. The asking price for this exceptional commercial land is $947,425. Serious inquiries are encouraged to explore the possibilities of this prime downtown Wake Forest location. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving North Carolina community. Don't miss out on this chance to build your business in a dynamic and growing market.

    Property Features for 711 Main St

    General Information

    Property type
    Land
    Lot Size
    37,897 SF

    HighLights

    • $947,425 asking price.
    • 0.87‑acre commercial land parcel.
    • Located in Downtown Wake Forest, NC.
    • Zoned NB and UR.
    • Comprised of three parcels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wake Forest
    County
    Wake
    State
    North Carolina
    Longitude
    -78.504980334081
    Latitude
    35.989634589066

    Nearby Comparable

    • $1,225,000
      3 SF

      Corner Lot Near J.B. Flaherty Park

      Land with frontage on Royal Mill Avenue and N. White Street.
      N White St, Wake Forest, NC 27587
      View Details
    • $750,000
      1,482 SF

      Wake Forest Commercial Property

      Commercial property in the heart of Wake Forest.
      306 Wait Ave, Wake Forest, NC 27587
      View Details
    • $350,000
      1,586 SF

      Magnolia Trace Condominium on White Street

      Modern 3-bedroom condominium near downtown Wake Forest.
      136 N White St, Wake Forest, NC 27587
      View Details
    • $1,350,000
      2.74 Acres

      Wake Forest Redevelopment Opportunity

      2.74 acres in Downtown Wake Forest, approved for senior housing.
      306 S Allen Rd, Wake Forest, NC 27587
      View Details
    • New
      $359,900
      Pending

      Updated Home with Modern Charm

      Updated 3-bedroom home with new flooring and stylish fixtures.
      1110 Fairway Villas Dr, Wake Forest, NC 27587
      View Details
    • Contact for pricing

      Community Shopping Center For Sale

      203,006 SF shopping center at a high-traffic intersection.
      12536 Capital Blvd, Wake Forest, NC 27529
      View Details
    • $649,900
      4,440 SF

      Spacious Home Near Downtown Wake

      2.33-acre lot with finished basement near downtown Wake Forest.
      735 Durham Rd, Wake Forest, NC 27587
      View Details
    • $1,250,000
      1.10 Acres

      Holding Village Commercial Land

      1.1-Acre Commercial Lot, Wake Forest, NC
      0 Franklin St, Wake Forest, NC 27587
      View Details
    • $2,000,000
      4.36 Acres

      Prime Plainfield Rd Retail Space

      High-visibility retail space available now
      0 Dr Calvin Jones Hwy, Wake Forest, NC 27587
      View Details
    • $1,595,000
      2.02 Acres

      Wake Forest Commercial Land Opportunity

      2.018 acres of commercial land in high-growth Wake Forest.
      1320 Corporate Chaplain Dr Dr, Wake Forest, NC 27587
      View Details
    • Contact for pricing
      116,341 SF

      Wake Forest Retail Opportunity

      Retail spaces available in Wake Forest, North Carolina.
      12255 Capital Blvd, Wake Forest, NC 27587
      View Details

    Nearby Similar for Sale

    • $750,000
      1,482 SF

      Wake Forest Commercial Property

      Commercial property in the heart of Wake Forest.
      306 Wait Ave, Wake Forest, NC 27587
      View Details
    • New
      $359,900
      Pending

      Updated Home with Modern Charm

      Updated 3-bedroom home with new flooring and stylish fixtures.
      1110 Fairway Villas Dr, Wake Forest, NC 27587
      View Details
    • $350,000
      1,586 SF

      Magnolia Trace Condominium on White Street

      Modern 3-bedroom condominium near downtown Wake Forest.
      136 N White St, Wake Forest, NC 27587
      View Details
    • $649,900
      4,440 SF

      Spacious Home Near Downtown Wake

      2.33-acre lot with finished basement near downtown Wake Forest.
      735 Durham Rd, Wake Forest, NC 27587
      View Details
    • Contact for pricing
      7,200 SF

      Wake Forest Office Space Available

      Office space for sale in rapidly developing Wake Forest corridor.
      1904 S Main St, Wake Forest, NC 27587
      View Details
    • Contact for pricing
      116,341 SF

      Wake Forest Retail Opportunity

      Retail spaces available in Wake Forest, North Carolina.
      12255 Capital Blvd, Wake Forest, NC 27587
      View Details
    • Contact for pricing

      Community Shopping Center For Sale

      203,006 SF shopping center at a high-traffic intersection.
      12536 Capital Blvd, Wake Forest, NC 27529
      View Details
    • Contact for pricing
      35,550 SF

      Wake Forest Shopping Center Retail

      Premier shopping center with suites available in Wake Forest.
      11216 Capital Blvd, Wake Forest, NC 27587
      View Details
    • $1,013,200
      2.98 Acres

      Wake Forest Retail Land Opportunity

      High-traffic location, 2.98 acres.
      3832 Rogers Rd, Wake Forest, NC 27587
      View Details
    • Contact for pricing
      2,200 SF

      Wake Forest Car Wash Opportunity

      High-traffic location, redevelopment potential.
      2208 Main St, Wake Forest, NC 27587
      View Details

    FAQs

    What type of property is this?
    Land - Prime 0.87-acre commercial lot
    Where is this land located?
    The property is located at 711 Main St Wake Forest, NC.
    What is the asking price?
    The asking price for this property is $947,425.
    What are key features of this property?
    This property features: $947,425 asking price.; 0.87-acre commercial land parcel.; Located in Downtown Wake Forest, NC.
    (919) 554-2855
    Request Owner's contact information
    711 Main St Wake Forest, NC 27587
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    711 Main St
    Wake Forest, NC 27587
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    711 Main St Wake Forest, NC 27587
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.