Michael Koster
← INNOVATE Real Estate
Wait 12.5 map
Wait 12.5 aerial
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
20
On market date
August 6, 2026
Stories
N/A
Garage spaces
N/A
Lot size
12.43 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

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

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 20 days ago.

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.