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Wake 27587 Barham
2033 Wait Avenue
$1,900,000
↓ $100K (5%)
● Land - For Sale

2033 Wait Avenue

Wake Forest, NC 27587
bedrooms
Studio
bathrooms
3 Baths
$9,514
Est. Monthly

About This Property

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.
Unit Size
-
Days on Market
90 days
Land Size
12.43 acres
Price per sqft
-
Property Type
Land
Property Taxes
$184
HOA Dues
-
Year Built
1910

Listed By

Andrew Suriano
ASA Properties NC, LLC

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Last updated: 26 days ago (TMLS #10184630)

Price History

Date / Event Date Event Price
Oct 10, 2026 Price Decreased $1,900,000
↓ $100K (5%)
Price Decreased
Aug 6, 2026 Listed by ASA Properties NC, LLC $2,000,000
Listed by ASA Properties NC, LLC
Jun 5, 2020 Sold
Sold
Dec 1, 1992 Sold
Sold

Property Highlights

Exterior Details
Lot Size Area: 12.43
Lot Size Units: Acres
Lot Size Acres: 12.43
Lot Size Square Feet: 304919
Lot Size Dimensions: 970'x530'x653'x856'
Water Source: Well
Financial Details
Tax Map Number: 1
Tax Assessed Value: $873,586
Tax Annual Amount: $2,209
Utilities Details
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 304,920
  • Total Building Area: 2,854
  • Building Area: 2,854
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,854
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARHAM LAND
  • Land Acres: 0000007000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO1 BARHAM LAND BM1992-01174

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054221

Zoning

  • Zoning: HD

Geography

  • Account Number: 0195486
  • District: 19
  • Parcel: 1850.02-96-5586 0195486
  • Lot: 1
  • Municipality: WAKE FOREST
  • Latitude: 35.964
  • Longitude: -78.4606

    Address

  • Full Address: 2033 Wait Ave
  • Address - House Number: 2033
  • Address - Street Name: Wait
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R032
  • 4-Digit Zip Code: 6998
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $210,083
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 92
  • Final Value: 437,238
  • High Value: 476,599
  • Low Value: 397,877

    Market Valuation

  • Market Total Value: $266,875
  • Market Land Value: $133,800
  • Market Improvement Value: $133,075

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,875
  • Assessed Land Value: $133,800
  • Assessed Improvements Value: $133,075

    Sales

  • Current Sale Contract Date: Jun 04, 2020
  • Current Sale Recording Date: Jun 05, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 01, 1992
  • Previous Sale Contract Date: Dec 01, 1992
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Barham


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$1,950 /mo

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1369 Bessie Court, Wake Forest, NC, 27587 Listing by Dick Stokes


Frequently Asked Questions

When was property at 2033 Wait Avenue built and last sold?
The property at 2033 Wait Avenue was built in 1910 and last sold on Jun 4, 2020 for $485,000.
How much is this home worth?
The estimated value of the home located at 2033 Wait Avenue is $1,919,000.
What are some comparable homes to 2033 Wait Avenue?
There are currently no comparable homes to 2033 Wait Avenue.