Wake Forest, NC 27587 1137 S Main Street

1137 S Main Street Wake Forest, NC - Image 11137 S Main Street Wake Forest, NC - Image 21137 S Main Street Wake Forest, NC - Image 3
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1137 S Main Street Wake Forest, NC - Image 41137 S Main Street Wake Forest, NC - Image 51137 S Main Street Wake Forest, NC - Image 61137 S Main Street Wake Forest, NC - Image 71137 S Main Street Wake Forest, NC - Image 81137 S Main Street Wake Forest, NC - Image 91137 S Main Street Wake Forest, NC - Image 101137 S Main Street Wake Forest, NC - Image 111137 S Main Street Wake Forest, NC - Image 12
Presented By: Pate Realty Group;
  • MLS# 10057264
  • 10/08/2024
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Home Details

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 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.
Presented By: Pate Realty Group;

Interior Features for 1137 S Main Street

Other Interior Features

Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NNo
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
Heating Y/NNo

General for 1137 S Main Street

Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NNo
CityWake Forest
CountyWake
Current UseUnimproved
DirectionsLocated near the intersection of S. Main Street and Dr. Calvin Jones Hwy (98 Bypass) across from Aldi.
Elementary SchoolWake - Wake Forest
Garage Y/NNo
HOANo
High SchoolWake - Wake Forest
Lease Considered Y/NNo
Living Area UnitsSquare Feet
Lot Size Square Feet19166.4
Lot Size UnitsSquare Feet
Middle/Junior High SchoolWake - Wake Forest
ModificationTimestamp2025-02-28T02:13:45.000Z
New ConstructionNo
Possible UseCommercial
Property Attached Y/NNo
Property SubtypeUnimproved Land
Property TypeLand
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameNot in a Subdivision
Tax Annual Amount2824
UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
Waterfront Y/NNo
ZoningSee remarks

Exterior for 1137 S Main Street

FencingNone
Horse Y/NNo
Lot Dimensionssurvey needed
Lot FeaturesCleared, Curb/Gutter
Lot Size Acres0.44
Lot Size Area19166.4
Open Parking Y/NNo
Road Frontage TypeState Road, 2 Lane Road
Road Surface TypeAsphalt
SpaNo
Water SourcePublic

Additional Details

Price History

Schools

Middle School Wake - Wake Forest Middle School
Elementary School Wake - Wake Forest Elementary School
High School Wake - Wake Forest High School

Nina Gervase

Realtor
Price $350,000
MLS#10057264
List Date 10/08/2024
Property Type Land
Phone 919.323.0880
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