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Wake Forest, NC Senior Housing / Retirement Homes for Sale

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Wake Forest Senior Housing Opportunity
$1,350,000
23,438 SF

Wake Forest Senior Housing Opportunity

306 S Allen Road, Wake Forest, NC 27587

2.74-acre site approved for 31 senior apartment units.

  • Approved senior housing project (31 units) ready for development.
  • Prime downtown Wake Forest location.
  • 2.74‑acre parcel zoned and site‑plan approved.
  • High demand area with a large senior population (62+).
  • Easy access to US 1/Capital Blvd providing direct connectivity to Raleigh.
Updated: Nov 19, 2025
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Wake Forest Development Opportunity
$1,500,000
23,438 SF

Wake Forest Development Opportunity

306 S Allen Road, Wake Forest, NC 27587

2.75 acres with approved site plan for 31 apartments.

  • Approved site plan for up to 31 apartments for residents age 62 & over.
  • Located in the heart of downtown Wake Forest with easy highway access and direct access to Raleigh via US 1/Capital Boulevard.
  • Zoned Residential Mixed‑Use Conditional District (RMX‑CD).
  • Single‑story building offering easy access for all resident rooms on the main floor.
  • Easy parking and access to front door and other entrance points.
Updated: Mar 12
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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 2 Active listings in Wake Forest, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

64-Bed Senior Living Facility
$950,000
18,610 SF

64-Bed Senior Living Facility

Vacant 64-bed senior living facility with commercial kitchen.

361 Leonard Road, Louisburg, NC 27549
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Raleigh 55+ Housing Opportunity
Contact for pricing

Raleigh 55+ Housing Opportunity

Premier senior housing asset in desirable Raleigh location.

600 Bilyeu St, Raleigh, NC 27606
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Raleigh Land Suitable for Daycare
$2,600,000
2,600 SF

Raleigh Land Suitable for Daycare

8.14 acres near I-540, ideal for daycare/senior living.

5525 Buffaloe Rd, Raleigh, NC 27616
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Louisburg Senior Living Home Opportunity
$950,000
18,040 SF

Louisburg Senior Living Home Opportunity

Senior living home on 4.06 acres, 18,040 SF.

361 Leonard Rd, Louisburg, NC 27549
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Raleigh Land with Development Potential
$2,600,000
8.14 Acres

Raleigh Land with Development Potential

8.14 acres near I-540, suitable for daycare or residential development.

5525 Buffaloe Road, Raleigh, NC 27616
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Residential Development Land, Fayetteville, NC
$135,000
17.50 Acres

Residential Development Land, Fayetteville, NC

17.5 acres ideal for residential development near Ramsey St.

2655 Rosehill Road, Fayetteville, NC 28301
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Blackstone VA Land Opportunity
$274,900
37.53 Acres

Blackstone VA Land Opportunity

37.53 acres in Blackstone, VA with development potential.

Nottoway Ave, Blackstone, VA 23824
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Chesterfield Land Near Golf Course
$95,000
0.99 Acres

Chesterfield Land Near Golf Course

Homesite near clubhouse and 18th fairway in 55+ section.

13454 Drake Mallard Court, Chesterfield, VA 23838
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Explore Off-Market Properties in Wake Forest, NC

Consider similar Off-Market properties in Wake Forest, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

306 Allen Rd

306 Allen Rd

HOMES (RETIRED, NURSING) • 11,501 SF
Value Estimation
$1,030,000
306 Allen Rd, Wake Forest, NC 27587-2610
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3218 Heritage Trade Dr

3218 Heritage Trade Dr

HOMES (RETIRED, NURSING) • 42,484 SF
Value Estimation
$1,135,000
3218 Heritage Trade Dr, Wake Forest, NC 27587-4238
View details
1151 Main St

1151 Main St

HOMES (RETIRED, NURSING) • 107,082 SF
Value Estimation
$1,820,000
1151 Main St, Wake Forest, NC 27587-9646
View details
611 Brks St

611 Brks St

HOMES (RETIRED, NURSING) • 27,205 SF
Value Estimation
$760,000
611 Brks St, Wake Forest, NC 27587-2978
View details
968 Wait Ave

968 Wait Ave

HOMES (RETIRED, NURSING) • 58,813 SF
Value Estimation
$1,395,000
968 Wait Ave, Wake Forest, NC 27587-7670
View details

Wake Forest, NC Senior Housing / Retirement Homes Investment Opportunities Market Analysis

Explore 7 senior housing / retirement homes for sale in Wake Forest, NC on our real estate platform. These investment opportunities span a total of 239,144 square feet of properties for sale, with an estimated market value of $2,450,000.

Sale prices for assisted living facilities in Wake Forest, NC start at $1,100,000, averaging $1,225,000, and reaching up to $1,350,000 — 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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