Wake Forest, NC
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    Wake Forest, NC Recreation Land for Sale

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    Raleigh, NC Youngsville, NC Rolesville, NC
    Watkins Pond Scenic Retreat
    $325,000
    37.02 Acres
    Watkins Pond Scenic Retreat

    4505 Mitchell Mill Road, Wake Forest, NC 27587

    37 acres of scenic property with recreational opportunities near Raleigh.
    • 37.02 acres of scenic property including a historic Watkins Pond.
    • Includes 3 separate properties being sold together.
    • Private, wooded, and open space suitable for recreation.
    • Central location on Mitchell Mill Road, close to Rolesville, Wake Forest, and Raleigh.
    • Diverse wildlife habitat, including bald eagles and great blue herons.
    Updated: Mar 21, 2025
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    Wake Forest Recreational Waterfront Land
    $325,000
    37.02 Acres
    Wake Forest Recreational Waterfront Land

    4505 Mitchell Mill, Wake Forest, NC 27587

    37-acre retreat with pond near Wake Forest and Raleigh.
    • 37.02 acres of scenic property including Watkins Pond.
    • Includes three separate properties being sold together.
    • Private, wooded, and open space suitable for recreation, relaxation, and enjoying natural beauty.
    • Central location on Mitchell Mill Road, close to Rolesville, Wake Forest, and Raleigh amenities.
    • Diverse wildlife habitat, including bald eagles and great blue herons.
    Updated: Mar 21, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Wake Forest, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    544 Acres Creedmoor Vacant Land
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    544 Acres Creedmoor Vacant Land

    Extraordinary 544-acre property in Granville County, North Carolina.

    0 Brassfield Road, Creedmoor, NC 27522

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    Water View Camp Lot
    $68,500
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    Move-in ready lot with water view and septic system.

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    Waterfront Lot with Dock
    $147,400
    Waterfront Lot with Dock

    Waterfront .21 acre lot with bulkhead, dock, and shed.

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    Wake Forest Highway Assemblage Land
    $3,500,000
    29.50 Acres
    Wake Forest Highway Assemblage Land

    29.5 acres ideal for recreation, sports complex, or homestead.

    6222 Wake Forest Hwy, Durham, NC 27703

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    Wake Forest, NC Recreation Land Investment Opportunities Market Analysis

    Explore 2 recreation land for sale in Wake Forest, NC on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for recreation land in Wake Forest, NC start at $325,000, averaging $325,000, and reaching up to $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial land 13
    Residential land & home lots 12
    Agricultural land / Farmland 2
    Waterfront Land 2
    Recreation land 2

    Demographics Overview

    Population 82K
    Population Growth (5Y) +23.0%
    Median Household Income $125,607
    College Educated 39.2%

    High-Yield Neighborhoods for Investment

    Identify Wake Forest submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    27587 $325K

    Taxes & Financing

    Tax Rate (average for all types) 1.05%
    Property Tax per SF $9.36 per sq ft
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

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    Total CRE Area on Market Trend

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