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Listed by HomeSmart Expert Realty
$ 5,500,000
Est. payment | /mo
8.44 Acres Lot
$ 5,500,000
Est. payment | /mo
8.44 Acres Lot
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10120542
Annual Tax Amount $1,896
Lot Size 8.440 Acres
Acres 8.44
Property Sub-Type Unimproved Land
Source Triangle MLS
Property Description
A rare development opportunity in one of Raleigh's fastest-growing corridors. This offering includes five contiguous parcels at 1501, 1511, and 1515 Carolina Pines Avenue, along with 2109 and 2117 Lake Wheeler Road, totaling a substantial assemblage of 8+ acres in a highly desirable location. Situated just minutes from Downtown Raleigh, NC State University, I-40, and the burgeoning mixed-use growth along Lake Wheeler Road, this property provides unmatched visibility and accessibility for future development.
Opportunities of this scale are increasingly rare within the city limits, making this assemblage a prime candidate for residential, mixed-use, or commercial development (subject to zoning and city approval). Developers and investors will appreciate both the strong demographic growth in the area and the site's proximity to employment, education, and entertainment hubs.
Whether you're looking to create a signature community, a multi-family project, or a high-profile commercial destination, this assemblage represents a once-in-a-generation chance to secure a large development footprint in a premier Raleigh location.
Opportunities of this scale are increasingly rare within the city limits, making this assemblage a prime candidate for residential, mixed-use, or commercial development (subject to zoning and city approval). Developers and investors will appreciate both the strong demographic growth in the area and the site's proximity to employment, education, and entertainment hubs.
Whether you're looking to create a signature community, a multi-family project, or a high-profile commercial destination, this assemblage represents a once-in-a-generation chance to secure a large development footprint in a premier Raleigh location.
Location
State NC
County Wake
Direction From I-40 take Lake Wheeler Rd south to Carolina Pines Ave.
Exterior
Private Pool No
Building
Faces From I-40 take Lake Wheeler Rd south to Carolina Pines Ave.
Structure Type Unknown
New Construction No
Others
Senior Community No
Special Listing Condition Trust
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