1125 Main StWake Forest, NC 27587

Property Details for 1125 Main St

Lot size

1.88 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 1.88-acre commercial land parcel, encompassing 1125 and 1137 South Main Street in Wake Forest, NC, presents a unique investment opportunity. Currently zoned GR3 (General Residential), rezoning to "Neighborhood Commercial" (NB) is anticipated by June 30, 2025, per the Town of Wake Forest planning department. Strategically located near the intersection of Dr. Calvin Jones Highway (Hwy 98 Bypass) and South Main Street, this property enjoys high visibility and accessibility. Existing driveways provide convenient access from South Main Street. Wake Forest boasts impressive growth projections, exceeding 118,000 residents by 2040, with a median household income of $115,159. This thriving community features a highly educated workforce and is served by the award-winning Wake County Public Schools system. Proximity to RDU Airport (40 minutes) and the planned S-Line passenger rail (by 2030) further enhances its appeal. The property's location across from Lidl and near The Lodge at Wake Forest underscores its potential for significant return. The seller will not sell the lots separately. The asking price is $750,000. North Carolina's favorable tax climate, with a low corporate income tax rate (2.5%, phasing out by 2030), adds to the investment's attractiveness. Wake Forest's blend of historic charm and modern amenities creates a desirable environment for businesses and residents alike.

Location Insight

City

Wake Forest

County

Wake

State

North Carolina

Latitude

35.9655

Longitude

-78.5169

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