Hot property, get in now! Investor's Dream in the Peak of Good Living! Calling all developers, investors, and visionaries—this 2-acre gem in Apex, NC 27502 is your client's chance to secure prime real estate in one of the Triangle's most sought-after locations. This property is an incredible opportunity to build new, renovate, or flip for instant equity. Also potential for multiple homes (1/acre), or commercial/office space in the future. * * NOTE: Buyer responsible for confirming all requirements with town of Apex zoning and planning. * * The existing 2-bed, 1-bath home (just under 1,000 sq. ft. ) is ready for transformation—whether bringing it back to life or starting fresh on this generous lot. The real value is in the land! With endless potential and a location right off Old US 1 Hwy, this opportunity is just minutes from downtown Apex, where charm, convenience, and rapid growth make this an investment your clients won't want to miss. The Summit Townhomes coming in across the street and potential future commercial area near The Summit property as well. ✔️ Fix & Flip? The furnace was replaced in 2013, water heater 2019—get in, renovate, and cash in. ✔️ Build New? Take advantage of the hot Apex market and create a dream home. Zoned RR, 1 home per acre - potential for 2 homes on this lot if meet all Apex town development requirements - * * NOTE: buyer responsible for confirming all requirements with town of Apex zoning and planning * * ✔️ Investor's Jackpot? Hold the land in this thriving area and watch your equity grow. Future potential for commercial/office space development on land per 2045 Apex town Western Big Branch Plan - * * NOTE: buyer responsible for confirming all requirements with town of Apex zoning and planning * * Opportunities like this in The Peak of Good Living don't last long. .. Call today to secure your client's next project before someone else does! NOTES: Roof may be asphalt shingles Siding is thought to have asbestos
Single-familyProperty Type
1940Year Built
2 acresLot Size
$437Est. Price/Sq.Ft.
6 spacesParking
Listed by Ryan McKinstrie• Compass -- Raleigh
Bought with Elizabeth Stitt• Northside Realty Inc.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
2 Acres
Year renovated
1960
Sq. Ft.
960
Year built
1940
Style
Single Family Residential
County
Wake County
APN
0730.01 19 0468 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 11, 2026.
Property details
Parking
Parking Information
Open Parking: No
Parking Total: 6
Interior
Bathroom Information
Bathrooms Full: 1
Bedroom Information
Bedrooms Total: 2
Interior Features
Flooring: Laminate, Vinyl
Exterior
Building Information
Construction Materials: See Remarks
Building Area Total: 960.0
Exterior Features
Foundation Details: See Remarks
Roof: See Remarks
Property information
Above Grade Finished Area: 960.0
Below Grade Finished Area: 0.0
Levels: One
Lot Information
Lot Size Acres: 2.0
Lot Size Area: 2.0
Lot Size Square Feet: 87120.0
Lot Size Units: Acres
Financial
Tax Information
Tax Annual Amount: 2082.29
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Septic Tank
Water Source: Well
Heating & Cooling
Heating: Yes
Heating Information: Forced Air, Natural Gas
Cooling: Yes
Cooling Information: Ceiling Fan(s)
Location
HOA Information
Association: No
School Information
Elementary School: Wake - Scotts Ridge
Middle Or Junior School: Wake - Apex Friendship
High School: Wake - Apex Friendship
Location Information
County Or Parish: Wake
Directions: From Downtown Apex: Head southwest on N Salem St for 2.6 miles. Continue onto Old US Hwy 1 for 1 mile. Turn left onto Friendship Rd — the destination (3001 Friendship Rd, Apex, NC) will be on the left in 150 feet.
Latitude: 35.699417
Longitude: -78.895348
Postal Code: 27502
Road Responsibility: Public Maintained Road
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 960
Stories: 1.0
Lot Size: 2 acres
Style: Single Family Residential
Year Built: 1940
Year Renovated: 1960
County: Wake County
APN: 0730.01 19 0468 000
Home facts updated by county records on Aug 11, 2026
Other
Listing Date Information
Contract Status Change Date: 2025-04-22
Documents Change Timestamp: 2025-04-11T01:40:19Z
Photos Change Timestamp: 2025-04-06T12:09:25Z
Around this home
Schools
Apex Friendship Middle
Public 6-8 • Assigned • 0.7mi
10/10
Apex Friendship High
Public 9-12 • Assigned • 0.8mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 104° expected this year, 17 days in 30 years
6/10 Wind Factor
46% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Apex, NC • 27502
Average low and high temperatures (°F)
48
29
55
35
69
45
77
54
78
59
88
69
90
73
84
68
80
64
71
51
65
44
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$399,000 – $483,000
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