1137 S Main Street

Wake Forest, NC 27587

Acres

0.44

Active

Land

$350,000

1125 S. Main, 1137 S. Main, and 0 South Main are being sold together and the seller does not wish to separate them. The price of all three properties together is $1,100,000, This 2.81 acre tract of land is currently zoned GR3 (General Residential) but will be changed to commercial… Read More by the Town of Wake Forest before the end of the fiscal year (June 30, 2025). Per the town planning department, it will be zoned ''Neighborhood Commercial,'' currently referred to as ''Neighborhood Business (NB).'' The allowable uses are in the current NB zoning is under ''Neighborhood Mixed Use (NMX)'' and details are in the ''District Provisions Wake Forest UDO'' document in the document manager. 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. Please contact the listing agent for a link to all details on the property. Read Less

Courtesy of Pate Realty Group, Brian Pate, 919-669-4575.

Listing Snapshot

Days Online

266

Last Updated

Jul 2, 2025

Property Type

Unimproved Land

Lot Size

0.44 Acres

MLS Number

10057264

30 Days Snapshot Of 27587

$365k

0%

(avg) sold price

128

0%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Frontage Type: "State Road", "2 Lane Road", Road Surface Type: "Asphalt"

Building

Building Area Units: Square Feet, Living Area Units: Square Feet

Fence

Fencing: "None"

Lot

Lot Features: "Cleared", "Curb/Gutter", Lot Size Acres: 0.44, Lot Size Area: 19166.4, Lot Size Dimensions: survey needed, Lot Size Square Feet: 19166.4, Lot Size Units: Square Feet, Parcel Number: 1840267691

Property

Current Use: "Unimproved", Property Sub Type: Unimproved Land, Zoning: See remarks

Sewer

Sewer: "Public Sewer"

Taxes

Tax Annual Amount: 2824

Utilities

Utilities: "Cable Available", "Electricity Available", "Natural Gas Available", "Phone Available", "Water Available", Water Source: "Public"

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Forest Pines Drive Elementary School 919-562-6262 Public PK-5

Wake Forest Middle School 919-554-8440 Public 6-8

Heritage High School 919-570-5600 Public 9-12

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Information Not Guaranteed. Copyright 2024 Triangle MLS, Inc. of North Carolina. All rights reserved. Listings marked with an icon are provided courtesy of the Triangle 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.
Listings last updated on Jul 2, 2025, 09:04 pm EDT.

1137 S Main Street

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