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Listed by Compass -- Raleigh
$ 1,350,000
Est. payment | /mo
2.5 Acres Lot
$ 1,350,000
Est. payment | /mo
2.5 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 10049461
HOA Y/N No
Annual Tax Amount $4,846
Lot Size 2.500 Acres
Acres 2.5
Property Sub-Type Ranch
Source Triangle MLS
Property Description
Prime Residential Development Opportunity! 2.5 acres currently zoned R-6, inside the beltline and within the transit overlay district. Minutes away from Wake Medial Hospital, 440 and Downtown Raleigh. Public water and sewer are available. Development of as many as 32 townhouses is possible on this site. Currently there are 2 rented houses on the property; however, the true value is in the land for future development with higher density. Bring your builder/developer to this great opportunity to address the demand for housing in the Raleigh area.
Location
State NC
County Wake
Direction New Bern Ave to Sunnybrook
Exterior
Utilities Available Electricity Connected
View Y/N Yes
Street Surface Paved
Private Pool No
Building
Faces New Bern Ave to Sunnybrook
Sewer Public Sewer
Water Public
Schools
Elementary Schools Wake - Bugg
Middle Schools Wake - Ligon
High Schools Wake - Enloe
Others
Tax ID 1723347789 & 1723347694
Special Listing Condition Standard
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