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Listed by Coldwell Banker HPW
$ 700,000
Est. payment | /mo
1,363 SqFt
$ 700,000
Est. payment | /mo
1,363 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,363 sqft
Price per Sqft $513
Subdivision Not In A Subdivision
MLS Listing ID 10132352
Style Duplex
Abv Grd Liv Area 1,363
Year Built 1988
Annual Tax Amount $3,011
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Mixed Use
Source Triangle MLS
Property Description
Seize this exceptional opportunity to acquire two adjacent parcels being sold together, strategically positioned with unbeatable proximity to the bustling NC State Fairgrounds and Raleigh's high-growth corridor.
The value here lies squarely in the land—ideal for developers, investors, or businesses looking to capitalize on future growth and redevelopment (subject to zoning approval).
INVESTMENT HIGHLIGHTS:
Dual-Parcel Sale: Includes 103 Gary St (duplex/single-family) and 5416 Chapel Hill Rd, creating a significant land assemblage.
Total Acreage: Consult plat or survey for exact size, but represents a substantial development footprint in a highly desirable area.
Immediate Development Potential: Both existing structures are being sold as TEAR-DOWNS, offering a clean slate for your vision without the complications of renovating outdated buildings.
Fairgrounds Proximity: Direct adjacency and easy access to the State Fairgrounds—perfect for supporting businesses, hospitality, multi-family housing, or mixed-use concepts.
This offering provides a rare chance to secure a key location where the future development of Raleigh is unfolding. Don't miss out on controlling this valuable piece of real estate!
The value here lies squarely in the land—ideal for developers, investors, or businesses looking to capitalize on future growth and redevelopment (subject to zoning approval).
INVESTMENT HIGHLIGHTS:
Dual-Parcel Sale: Includes 103 Gary St (duplex/single-family) and 5416 Chapel Hill Rd, creating a significant land assemblage.
Total Acreage: Consult plat or survey for exact size, but represents a substantial development footprint in a highly desirable area.
Immediate Development Potential: Both existing structures are being sold as TEAR-DOWNS, offering a clean slate for your vision without the complications of renovating outdated buildings.
Fairgrounds Proximity: Direct adjacency and easy access to the State Fairgrounds—perfect for supporting businesses, hospitality, multi-family housing, or mixed-use concepts.
This offering provides a rare chance to secure a key location where the future development of Raleigh is unfolding. Don't miss out on controlling this valuable piece of real estate!
Location
State NC
County Wake
Direction Use GPS
Exterior
Private Pool No
Building
Faces Use GPS
Structure Type Fiber Cement
New Construction No
Others
Senior Community No
Tax ID 0784326804
Special Listing Condition Standard
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