Description
Exceptional development opportunity in a rapidly evolving Raleigh corridor! This 1.634-acre site is zoned OX-5 and offers outstanding flexibility with a preliminary site plan supporting multifamily development or up to 10 townhomes. A recorded right-of-way provides additional access from New Bern Avenue, enhancing connectivity and future potential. The property also features a natural area that could serve as a community garden, pocket park, or other thoughtfully designed green space. Ideally located just minutes from WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail, the site is positioned to benefit from the ongoing transformation of the New Bern Avenue Bus Rapid Transit (BRT) corridor, where construction is now underway. Seller financing is available, making this a compelling opportunity to invest in Raleigh's growing transit-oriented health and education district.
Details
| MLS # | 10145535 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 194 |
| Listing Provided By | EXP Realty LLC | Beth Martin |
Features
| Zoning | OX-5 |
|---|---|
| Acreage | 1.63 |
Utilities
| Utilities | Electricity Available, Electricity Connected, Sewer Available |
|---|---|
| Sewer | Private Sewer |
Taxes
| Tax Assessed Value | 426018 |
|---|---|
| Tax Legal Description | LO1 WAKEVIEW SQUARE & HEALTHYSITE RCMB BM2025-01643 |
| Tax Year | 2025 |
| Tax Map Number | 3 |
Area Information
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27610 |
| Area | Wake |
| Community Name | Not in a Subdivision |
| School District | Wake County Schools |
| Elementary School | Wake County Schools |
| High School | Wake County Schools |
| Listing VS Median (in Not in a Subdivision) | |
Price: $975,000 low | high Med: $319,950 On site: 194 low | high Med: 44.5 | |
Market Activity 27610
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Learn More About This Property
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27610 |
| Area | Wake |
| Community Name | Not in a Subdivision |
| School District | Wake County Schools |
| Elementary School | Wake County Schools |
| High School | Wake County Schools |
| Listing VS Median (in Not in a Subdivision) | |
Price: $975,000 low | high Med: $319,950 On site: 194 low | high Med: 44.5 | |
