**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!
MLS# | 10069686 |
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Listing Type | For Lease |
Style | House |
Status | Active |
Year | 1983 |
Days On Site | 10 |
Listing Provided By | eXp Realty, LLC - C | Hollie Jane Lupton |
Bed(s) | 9 |
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Bath(s) | 6 Total |
SQ Feet | 4,556 |
Garage | 2 |
Basement | Y |
Story(s) | 1 |
Zoning | RX-3-GP |
Acreage | 1.50 |
Property View | Yes |
State | NC |
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County | Wake |
City | Raleigh |
Zip Code | 27610 |
Area | Wake |
Community Name | Not in a Subdivision |
School District | Wake - Enloe |
Elementary School | Wake - Hunter |
Middle School | Wake - Ligon |
High School | Wake - Enloe |
Listing VS Median (in Not in a Subdivision) | |
Price: $3,500,000 low | high Med: $415,000 SqFt: 4,556 low | high Med: 1,638 $ / SqFt: $768 low | high Med: $253 On Site: 10 low | high Med: 134.000000 |