0 S Main Street, Wake Forest, NC 27587
Not in a Subdivision · Wake County
Key Facts
Description
The tract is located in the heart of Wake Forest near the intersection of Dr. Calvin Jones Highway (Hwy 98 Bypass) and South Main Street, two major arteries of traffic. It is located across the street from Lidl and just north of The Lodge at Wake Forest, an extended care facility. There is already a driveway on each property for access to South Main Street. No access will be permitted on Hwy 98 Bypass. The town's trade area includes over 230,000 people and is a hub for small businesses and entrepreneurs. Wake Forest, population 61,987 (2024) is a booming small town with population expected to be over 118,000 by 2040. The median household income is $115,159, nearly 70% higher than the media NC household, making it a destination for new businesses. There is a highly educated workforce with 57.8% or residents having a Bachelors Degree or higher. In addition, Wake Forest is part of the award-winning Wake County Public Schools system, the 15th largest district in the nation. There are 19 public schools, 9 charter schools and 6 private schools in Wake Forest. RDU Airport is only 40 minutes away from Wake Forest and there are over 600 flights on 14 major airlines to 48 non-stop destinations daily and seven international destinations daily. Recently, a $1.1 billion federal grant was awarded to revive passenger rail to Wake Forest for the construction of the S-Line from Raleigh to Wake Forest by 2030. North Carolina's income tax rate is the lowest in the United States at 2.5% and is scheduled to phase out entirely by 2030. The personal income tax rate is 4.75% and the sales tax in North Carolina is 7.25%. Out of 550 peers across North Carolina, Wake Forest is the 8th fastest growing municipality. The southern charm of the historic downtown and the walk through the historic homes in the North Main Street historic district will take you back to days gone by. Come discover Wake Forest's big city energy and small town charm.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
2.81 acres
Lot Dimensions
contact L/A
Zoning
Commercial
Days on Market
233
MLS® Listing#
10135029
Property Features
Fencing
Lot Features
Other Structures
Utilities
Sewer
Water Source
Schools
- Elementary:
- Wake County Schools
- Middle:
- Wake County Schools
- High:
- Wake County Schools
Financial Details
HOA
None
Annual Taxes
$6,630
Tax year 2025
Assessed Value
$707,344
Parcel Number
Multiple parcels. Please contact listing agent
Directions
Corner of 98 Bypass (Dr. Calvin Jones Hwy) and US 1-A (South Main Street) Wake Forest
Affordability Calculator
$220,000
Estimated monthly payment
$5,855/mo
Principal $880,000 · Est. interest $1,227,678 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Wake Forest, NC
- $493,296
- Median Listing Price
- 58
- Median Days on Market
- 2,435
- Median Sq Ft
- $207
- Median Price / Sq Ft
- 685
- Active Listings
- This home’s price is 123% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Wake Forest, NC.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 8705 Ormand Way, Wake Forest, NC | $773,500 | 4 | 3 | 3,883 |
| 8004 Knebford Circle, Wake Forest, NC | $775,000 | 4 | 4 | 3,543 |
| 453 Heritage Regency Drive, Wake Forest, NC | $775,000 | 3 | 3 | 2,695 |
| 3505 Sparrowwood Drive, Wake Forest, NC | $779,000 | 4 | 4 | 3,698 |
| 8920 Tara Hill Lane, Wake Forest, NC | $794,900 | 5 | 5 | 4,105 |
| 1229 Fanning Drive, Wake Forest, NC | $795,000 | 4 | 3 | 3,050 |
Moving Cost Estimate
Listing Courtesy: Pate Realty Group - 9196694575
Last Updated: 2025-11-26