15.76 acres in Wake County, North Carolina

Offering 15.76 acres on a single parcel with acreage on both sides of Forestville Road for two separate lots spanning 11.79 acres and 3.97 acres. Surrounded by new single-family residential, multifamily, and commercial projects, highlighting rising demand in the immediate area. Flexibly zoned, the preliminary plan shows 24 single-family home lots for the 11.79-acre side; the 3.97-acre side is ideal to complement residences. Future deliveries will benefit from a high-income population, as the average household income within a 3-mile radius stands at over $136,000 per year. Explore the immense potential of this one-of-a-kind land acquisition opportunity presented by Lee & Associates. This 15.76-acre tract is a single parcel, but it is spread across two segmented lots. The western lot spans 11.79 acres, and the eastern lot is 3.97 acres. This site is at the center of a dense concentration of exciting upscale residential developments. It is adjacent to a sprawling community that includes a 224-unit apartment complex and over 140 townhomes, KB Homes Tucker Place, and many more. Sheetz also just opened a store caddy corner to the site. Water and sewer utilities are readily available, and the sites generous zoning allows for a range of uses. The 11.79-acre lot had previously been mapped out for 24 single-family homes, and the 3.97-acre lot is ideal for an outparcel to serve the new households. Growth in the immediate area is reflected in broader demographic data. Total households within a 3-mile radius of the site grew by 16.5% from 2020 to 2025, with projections calling for another 8% uptick through 2030, and these households tend to be highly affluent. In addition to residential development, roughly 520,000 square feet of commercial and multifamily space has been delivered since 2020 within an approximately five-minute drive of the site, underscoring the viability of mixed-use projects here. The sites location is poised for long-term value, as its proximity to key roadways makes it a desirable commuter node, enabling drivers to reach the centers of both Raleigh and Durham in 18 to 30 minutes without the cost of near-city housing.