4600 Old Wake Forest Rd Raleigh, NC 27609
North Hills NeighborhoodEstimated payment $7,866/month
Total Views
8,770
1.18
Acres
$1,185,593
Price per Acre
51,401
Sq Ft Lot
Highlights
- 1.18 Acre Lot
- No HOA
- Level Lot
- Douglas Elementary Rated A-
About This Lot
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 Type
- Land
Est. Annual Taxes
- $686
Year Built
- 1940
Lot Details
- 1.18 Acre Lot
- Lot Dimensions are 284x170x284x184
- Level Lot
- Open Lot
- Cleared Lot
- Property is zoned r6
Schools
- Douglas Elementary School
- Carroll Middle School
- Sanderson High School
Utilities
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Waco Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 0059531 and 0059530
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $751 | $121,000 | $121,000 | $0 |
| 2023 | $686 | $88,000 | $88,000 | $0 |
| 2022 | $636 | $88,000 | $88,000 | $0 |
| 2021 | $1,409 | $194,767 | $88,000 | $106,767 |
| 2020 | $1,386 | $194,767 | $88,000 | $106,767 |
| 2019 | $1,246 | $147,666 | $68,200 | $79,466 |
| 2018 | $1,148 | $147,666 | $68,200 | $79,466 |
| 2017 | $1,090 | $147,666 | $68,200 | $79,466 |
| 2016 | $1,068 | $147,666 | $68,200 | $79,466 |
| 2015 | $1,051 | $145,525 | $68,200 | $77,325 |
| 2014 | $998 | $145,525 | $68,200 | $77,325 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2024 08/12/24 | Price Changed | $1,399,000 | -6.7% | -- |
| 06/25/2024 06/25/24 | For Sale | $1,499,000 | -- | -- |
Source: Doorify MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Similar Properties in Raleigh, NC
Source: Doorify MLS
MLS Number: 10037716
APN: 1716.19-51-6959-000
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Some IDX listings have been excluded from this IDX display. 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. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. 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. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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