Vacant Land -- Approx. 4.12 Acres | Apex ETJ | Prime Corner Visibility Investor opportunity at a high-traffic intersection with frontage serving multiple established neighborhoods. This split-parcel site offers immediate income potential and long-term upside for the patient buyer. Preliminary site plans indicate a yield of 2 residential lots using septic and well -- a low-cost entry point while infrastructure catches up to the site. Municipal sewer and water connections are in proximity; utility easements from adjacent neighbors will unlock full development potential and make this an even stronger play once secured. A natural gas line easement traverses the property and has been accounted for in the existing site plans. The site includes significant wetland areas, which provide natural stormwater management and green space character -- a potential amenity in the right design context with corrective site development. Located within Apex's ETJ (Extra-Territorial Jurisdiction), the property is positioned for future planning discussions, including the possibility of rezoning for increased density as utilities become available -- a compelling angle for developers watching the area grow. Buy, hold, and prepare. Surveys, perc test results, and drafted site plans are available through the listing broker. This is a strategic land bank opportunity with a clear path forward. Contact Listing Broker for full due diligence package.
Vacant landProperty Type
4.12 acresLot Size
$103,155Price/Acres
Listed by Dalton Commercial Real Estate Dalton• Dalton Property Partners LLC
Brush, cleared areas, natural state, partially wooded and wooded vegetation
2-lane public asphalt road frontage with public maintenance
Directions: From US-1 South, take Ten-Ten Road East, turn left on Smith Road, then left on Stephenson Road; property is immediately on the right after turning left, directly across from the intersection of Lily Orchard and Stephenson.
Home design
Zoned MD-CZ
Vacant raw land intended for development or investment; see remarks
Parking
Road frontage on a public 2-lane asphalt road
Construction
Lot dimensions approximately 504 x 538 x 703
Approximately 4.12 acres
Utilities
Septic needed
Well required for water
Utilities: see remarks
HOA & community
No association
No association amenities
Financial info
Annual tax amount listed
Electricity and solar
View estimated energy costs and solar savings for this home
Location Location Location. 4 Acres of level land in a prime Apex location. Easy access to main road and close to everything. Recently re-zoned to Medium density residential. Site plan attached showing at least 10 good-size building lots for single family homes. It can be subdivided differently as needed. Great opportunity for residential builders or for a mansion house seekers. There is an oil line easement in the land that can be avoided easily like what we showed on the proposed site plan attached.
TMLS #2161120
May 10, 2018
Sold
$90,000
May 10, 2018
Sold
$90,000
Apr 11, 2018
Contingent
—
Apr 1, 2018
Relisted
—
Dec 27, 2017
Pending
—
Nov 16, 2017
Listed
$130,000
Nov 16, 2017
Listed
$130,000
Year
Property tax
Land + Additions
Assessment*
2025
$834 (+3.0%)
$130,410
2024
$810 (+28.0%)
$130,410
2023
$633 (+8.0%)
$130,410
2022
$586 (+2.8%)
$81,144
2021
$570 (+1.7%)
$81,144
2020
$561 (−40.3%)
$81,144
2019
$939 (+8.8%)
$81,144
2018
$863 (+5.5%)
$114,940
2017
$817
$114,940
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
2.07 Acres
Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Vacant Land
County
Wake County
APN
0751.04 80 1825 000
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Aug 11, 2026.
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be 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
56% 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 • 27539
Average low and high temperatures (°F)
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91
73
86
68
82
64
73
51
66
44
54
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7808 Stephenson Rd
$388,024
$37K under list price of $425K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $580K to $615K.