3 months on rocket

4600 Old Wake Forest Rd, Raleigh, NC, 27609

$1,399,000

1.18 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #10037716
Lot Size1.18 Acres
StatusActive

About 4600 Old Wake Forest Rd

A prime commercial real estate opportunity awaits in North Raleigh's bustling Business District! This 1.18-acre lot offers a highly sought-after location with excellent visibility and traffic flow. Situated near popular restaurants like Kanki and Red Lobster, as well as numerous small businesses and residential areas, this site is perfect for a variety of commercial ventures. With architectural plans already on file and the option to build to suit, the possibilities for development are vast. Whether you're looking to launch a new business, expand your existing enterprise, or invest in valuable commercial property, this site offers unparalleled potential. Don't miss out on the chance to secure a prime location in one of Raleigh's most dynamic areas! Raleigh, NC, is known for several vibrant and popular areas, each with unique attractions and character. Some of the most popular areas include: Downtown Raleigh: This area is a hub of activity, offering a mix of historic sites, cultural attractions, trendy restaurants, and shops. Notable spots include the North Carolina Museum of Natural Sciences, the North Carolina Museum of History, and the Raleigh Convention Center. Downtown is also known for its nightlife, with various bars and entertainment venues. North Hills: Often referred to as ''Midtown Raleigh,'' North Hills is a mixed-use development that offers upscale shopping, dining, and entertainment. It's a popular area for both residents and visitors, featuring a movie theater, hotels, office spaces, and a range of events throughout the year. Glenwood South: This district is known for its vibrant nightlife, with numerous bars, restaurants, and clubs. It's a trendy area popular with young professionals and college students, offering a lively atmosphere and a variety of dining options. Cameron Village (now called Village District): A historic shopping district, the Village District offers a mix of boutique shops, dining options, and services. It's a charming area with a neighborhood feel, popular for its unique retail stores and community events. Five Points: This historic neighborhood is known for its charming early 20th-century homes and local businesses. It's a popular area for those looking for a more laid-back atmosphere, with coffee shops, restaurants, and specialty stores. The Warehouse District: This area has undergone significant revitalization and is now a trendy spot for art, culture, and dining. It features art galleries, creative spaces, and unique restaurants, making it a popular destination for those interested in the arts and culture scene. Brier Creek: Located near the Raleigh-Durham International Airport, Brier Creek is a growing area with shopping centers, restaurants, and residential communities. It's popular with families and professionals looking for convenient access to both Raleigh and Durham. These areas each have something unique to offer, making Raleigh a diverse and vibrant city.

Property Details

Property Features

Listing Office:

  • Office Name: Ramsey Realtors Team Inc
  • Office Phone: (919) 427-4328
  • Listing Agent: L. Calvin Ramsey

Lot Features

Lot Information:

  • Lot: Level, Open Lot
  • Lot Size: 1.18 Acres

School Info

Assigned Schools Information:

  • Sanderson High School, Public District Grades 9-12
  • Wake Early College of Health and Science, Public District Grades 9-12
  • Carroll Middle School, Public District Grades 6-8
  • Douglas Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: I-40 E to the right on Wake Forest Road, right on Old Wake Forest Road, property on the right just beyond Red Lobster and Kanki Restaurants.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,000

Tax Information:

  • Annual Amount: $1,409
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

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Raleigh, NC

City

Med. Sold Price

$440.5K

Med. Price/SqFt

$232

Avg. Days On Market

33

# of Sold Homes

441

4600 Old Wake Forest Rd vs Raleigh

119 DAYS ON ROCKET

+86 Days

$1,399,000

+$958.4K More

KEY TAKEAWAY

This property is $958.4K more than the Median Sold Price in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10037716

Listing Office:

  • Office Name: Ramsey Realtors Team Inc
  • Office Phone: (919) 427-4328
  • Listing Agent: L. Calvin Ramsey

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/23/2024, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 06, 2019Home Sold
$320,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,409$194,767
2020$1,385$194,767
2019$1,148$147,666
2018$1,090$147,666

History based on county public records data.

Payment Calculator

$7,050

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,261

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1016084
5
/10

  • Douglas Elementary School

  • 600 Ortega Rd

  • 1.10 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1016085
2
/10

  • Carroll Middle School

  • 4520 Six Forks Rd

  • 1.77 miles

  • Public District Grades 6-8

High School

school-card-donut-1016086
5
/10

  • Sanderson High School

  • 5500 Dixon Dr

  • 2.39 miles

  • Public District Grades 9-12

school-card-donut-1016087
10
/10

  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 4.27 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,418. Residents of Raleigh, NC typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4600 Old Wake Forest Rd

What is the listing price of this property?

The listing price of 4600 Old Wake Forest Rd property is $1,399,000.

What type of property is this?

The property 4600 Old Wake Forest Rd is land located in Raleigh, North Carolina, 27609.

Is this property for sale now?

Active Listing: 4600 Old Wake Forest Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4600 Old Wake Forest Rd are:
Douglas Elementary School: GreatSchools Rating 5/10
Carroll Middle School: GreatSchools Rating 2/10
Sanderson High School: GreatSchools Rating 5/10
Wake Early College of Health and Science: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,409 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 6, 2019 for $320,000. (source: MLS/tax record).

How much acreage is this property?

The property 4600 Old Wake Forest Rd is 1.18 acres.
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Rocket Homes›North Carolina›Wake County›Raleigh›27609›4600 Old Wake Forest Rd

This home is located at 4600 Old Wake Forest Rd in Raleigh, NC and zip code 27609 in the Atlantic neighborhood. This home sits on a 1.18 acre lot. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $1,399,000.

Raleigh, NC housing market in September 2024 saw over 91 listings sold above listed price, more than 113 sold at listed price and over 237 sold below. Between August 2024 and September 2024, Raleigh, NC real estate market has seen increase in the number of listings by 0.5%. The median list price of listings available in September 2024 was $440,568, while the average time on the real estate market was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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