$3,500,000
 $18,789 est/mo Sourced by Back At You

2341 New Bern Avenue , Raleigh, NC 27610

Raleigh, NC 27610

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Description

**PRIME Development Opportunity in the Heart of Raleigh** Located SECONDS from downtown, this 1.5-acre property presents a RARE and exceptional opportunity to develop a highly sought-after residential project. Situated right by downtown Raleigh's thriving entertainment, dining, and attractions, this site boasts prime zoning (RX-3-GP) ideal for *APARTMENTS* or *TOWNHOMES*, with the added rezoning potential to accommodate up to 5-story structures! With easy access to major highways, public transportation, and top-rated schools, this property is poised for MAXIMUM return on investment. Don't miss this chance to capitalize on Raleigh's booming growth and create a luxurious living destination that will set a new standard for urban living in the Triangle!

Details

MLS#10069686
Listing TypeFor Lease
StyleHouse
StatusActive
Year1983
Days On Site10
Listing Provided ByeXp Realty, LLC - C | Hollie Jane Lupton

Features

Bed(s)9
Bath(s) 6 Total
SQ Feet4,556
Garage2
BasementY
Story(s)1
ZoningRX-3-GP
Acreage1.50
Property ViewYes

Market Activity 27610

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27610
AreaWake
Community NameNot in a Subdivision
School DistrictWake - Enloe
Elementary SchoolWake - Hunter
Middle SchoolWake - Ligon
High SchoolWake - Enloe
Listing VS Median (in Not in a Subdivision)
Price:
$3,500,000
low | high
Med:
$415,000
100% of Average
SqFt:
4,556
low | high
Med:
1,638
100% of Average
$ / SqFt:
$768
low | high
Med:
$253
100% of Average
On Site:
10
low | high
Med:
134.000000
7.462686567164% of Average
Sourced by Back At You
Listing Updated: January 8, 2025 at 12:39:50 PM PST