14.17 acres 1 mile from Downtown Wendell currently zoned RA with residence, 2 large outbuildings, 80x24 & 80x32 and cell tower with current lease for $1368/month and option to sell . 23 acres for $246,000. Property appraised on 12.15.17 for $450,000 excluding value of cell tower. Lease, appraisal and active offer from American Cell Tower available to serious buyers. All surrounding developed properties are zoned R-3. Photos show current flood zone and preliminary FEMA redrawing.
Single-familyProperty Type
1985Year Built
14.17 acresLot Size
$347Est. Price/Sq.Ft.
2 car garageParking
Listed by John Butler• Corcoran DeRonja Real Estate
Bought with Glen Clemmons• Costello Real Estate & Investm
14.17 acres 1 mile from Downtown Wendell currently zoned RA with residence, 2 large outbuildings, 80x24 & 80x32 and cell tower with current lease for $1368/month and option to sell . 23 acres for $246,000. Property appraised on 12.15.17 for $450,000 excluding value of cell tower. Lease, appraisal and active offer from American Cell Tower available to serious buyers. All surrounding developed properties are zoned R-3. Photos show current flood zone and preliminary FEMA redrawing.
Year
Property tax
Land + Additions
Assessment*
2025
$4,678 (+3.0%)
$421,850 + $306,459
$728,309
2024
$4,543 (+39.5%)
$421,850 + $306,459
$728,309
2023
$3,257
$421,850 + $306,459
$728,309
Tax history for 724 Old Zebulon Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,678 (+3.0%)
$421,850 + $306,459
$728,309
2024
$4,543 (+39.5%)
$421,850 + $306,459
$728,309
2023
$3,257
$421,850 + $306,459
$728,309
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
13.07 Acres
Year renovated
1985
Sq. Ft.
2,224
Year built
1985
Style
Single Family Residential
County
Wake County
APN
1794.01 05 8104 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 11, 2026.
RA
Research Applications District
The RA, Research Applications district is intended to: Accommodate research and research application activities as well as related manufacturing, business, and science activities that could benefit from location in or adjacent to, and a strong association with, the Research Triangle Park or other major center of research activity; Accommodate research facilities, pilot plants, prototype production facilities, and other manufacturing operations that require the continual or recurrent application of research knowledge and activity as an integral part of the manufacturing process; Ensure that such facilities are developed to help provide the district a campus or park like character that emphasizes natural characteristics and landscaping; and Encourage originality and flexibility in development, and to ensure that development is properly related to its site and to surrounding developments.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Senior
Manufacturing
Office
Medical office
Research & development
Educational/school
Library
Recreation
Park & open space
Property details
Parking
Parking Information
Garage Spaces: 2
Parking Features: Detached, Driveway, Gravel, Workshop in Garage
Interior
Bathroom Information
Bathrooms Full: 1
Bathrooms Half: 1
Bedroom Information
Bedrooms Total: 2
Interior Features
Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator