2700 Forestville Rd Wake Forest, NC 27587
- Land
- 11.79 lot acres
Current Use by Public Records
- Land
Property Details for 2700 Forestville Rd
- Lot size
- 11.79 lot acres
- Property type
- Land
Description
This exceptional 11.79-acre parcel of residential land presents a remarkable opportunity for developers in the thriving Wake Forest, NC market. Located at 2700 Forestville Road, Wake County, zip code 27587, this property boasts readily available water and sewer infrastructure, significantly streamlining the development process. A preliminary plan already outlines the potential for 24 single-family home lots, maximizing the land's potential for high-value residential construction. The strategic location offers significant advantages. The property sits adjacent to a planned development encompassing 224 apartment units and 147 townhouses, creating a vibrant and desirable neighborhood. Wake Forest and nearby Rolesville are experiencing rapid growth, making this land ideally positioned to capitalize on the increasing demand for housing in this area of North Carolina. The asking price for this prime development opportunity is $1,750,000. This is a rare chance to acquire a substantial tract of land in one of North Carolina's fastest-growing regions, poised for immediate development and significant return on investment. Detailed site plans and further information are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wake Forest
- County
- Wake
- State
- North Carolina
- Longitude
- -78.507
- Latitude
- 35.8998
