Wait 12.5 map - 2033 Wait Avenue, Wake Forest, NC 27587, Wake Forest
Wait 12.5 aerial - 2033 Wait Avenue, Wake Forest, NC 27587, Wake Forest
2 photos

$2,000,000

2033 Wait Avenue, Wake Forest, NC 27587
Wake Forest, NC 27587
Listed by Andrew Suriano · ASA Properties NC, LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Check out this ±12.5 acres located at 2005 & 2033 Wait Avenue in one of the fastest-growing corridors in Wake County. Both properties must be purchased together and this is being sold as land. The structures have no value. This property is currently zoned HD (Highway District) and offers developers, investors, and owner-users the opportunity to capitalize on the tremendous residential and commercial growth taking place throughout Wake Forest. This site has strong frontage along Wait Avenue with multiple commercial and special use permit opportunities. Surrounded by explosive residential growth. Convenient access to US-1, Capital Boulevard, Downtown Wake Forest, and the greater Triangle market. Wake Forest continues to be one of North Carolina's most desirable communities for both residents and businesses. With strong demographics, increasing household incomes, and continued population growth, this site is well-positioned for a variety of commercial, retail, service, and mixed-use developments.

Property details

MLS #
10184630
Property type
Unimproved Land
Subdivision
Not in a Subdivision
Status
Active
Days on market
67
On market date
August 6, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
12.43 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Richland Creek Elementary
4.25 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
476
Student:teacher ratio
12.2:1
District
Wake County Schools
Middle
Wake Forest Middle School
3.87 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
1,122
Student:teacher ratio
17.0:1
District
Wake County Schools
High
Vernon Malone College and Career Academy
17.83 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
342
Student:teacher ratio
14.9:1
District
Wake County Schools

Walkability

Blended score for Wake Forest's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

20
Very car-dependent
out of 100
EPA National Walkability Index
5.8 / 20 -- Below average walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools1
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Wake Forest, from live MLS data.

On the market 67 days -- 43 fewer days than Wake Forest's current average of 110 days.
For reference, the median list price across 614 active listings in Wake Forest right now is $475,000.

Mortgage calculator

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Est. monthly payment
$12,194/mo
$400,000 down
$1,600,000 loan
Principal & interest$10,378
Property tax (est.)$1,667
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated August 6, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.