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Wake Forest Acreage Assemblage Opportunity
For Sale
$1,550,000

0 Ralph, Wake Forest, NC 27587

20.54 acres near Wake Forest Historic District.

Property SizeContact for details
Lot Size20.54 Acres
Days on Market422

Property Features for 0 Ralph

General Information

Standard status Active
Lot size 20.54 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $5,530
Listing Agency: GOLDEN REALTY
Listed By: MAN LEETE · License #243663
Source: Corcoran
Added: Jun 26, 2025 Changed: Aug 8 Last Checked: Aug 8 at 1:18PM

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 GOLDEN REALTY

Investment Insights

Based on property information with market context.

This is a rare assemblage of acreage consisting of over 14 parcels, situated just off N Main St, in close proximity to the Wake Forest Historic District and the shopping and dining options of Downtown Wake Forest. The property encompasses approximately 20.54 acres in total, with a portion of the land and access points (Lake Forest Dr and Ralph Dr) adjoining the approved Kinsley Subdivision. The topography varies across the site, with several lots suited for walkout basements and others that are mostly flat. Mature forests provide natural views, and a small creek buffers the rear of the property. This property could be suitable for developing a small subdivision near the Downtown area, or for creating a family farm or compound.

Key Highlights

  • Large acreage (20.54 acres) near Wake Forest Historic District and Downtown.
  • Development potential for a small subdivision.
  • Adjoins approved Kinsley Subdivision with access from Lake Forest Dr and Ralph Dr.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

42
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?
Land - 20.54 acres near Wake Forest Historic District.
Where is this land located?
The property is located at 0 Ralph Wake Forest, NC.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Large acreage (20.54 acres) near Wake Forest Historic District and Downtown.; Development potential for a small subdivision.; Adjoins approved Kinsley Subdivision with access from Lake Forest Dr and Ralph Dr.
More about this property
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