Description
DEVELOPMENT OPPORTUNITY: ±10-ACRE LAND PACKAGE WITH 24 RECORDED LOTS IN A PRIME RALEIGH/GARNER LOCATION NEAR COSTCO. Situated along the rapidly growing Raleigh-Garner corridor in Wake County within the Town of Garner jurisdiction, the site offers direct access to I-40 and the future I-540 outer loop. Located near the established McCullers Walk subdivision, with convenient access to Downtown Raleigh (approximately 10 miles) and major retail anchors including Costco and surrounding shopping centers, reinforcing strong residential demand in the immediate area. The property consists of 24 recorded lots across approximately 10 acres, currently zoned R2. If desired, a minimum of 2 of the 24 recorded lots could be purchased separately for $97,500/lot OR a total of $195,000 for two lots. The site presents multiple development pathways, including a traditional residential subdivision or alternative layout depending on builder strategy. Sanitary sewer infrastructure is located along the southern boundary of the property. Water and other utilities are available in the area. The surrounding area continues to experience strong residential growth, with increasing demand for new construction housing in this corridor.
Details
| MLS # | 10148286 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 201 |
| Listing Provided By | The Prosperous Agency | Mihai Mocanu |
Features
| Zoning | R2 |
|---|---|
| Acreage | 10.00 |
Utilities
| Utilities | Other, See Remarks |
|---|---|
| Sewer | Other, Other30 |
Taxes
| Tax Assessed Value | 1780000 |
|---|---|
| Tax Legal Description | 24 Lots in Lakeside Estates, as shown in Book of Maps 1967, Page 72. See Exhibit A for all PINs |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27603 |
| Area | Wake |
| Community Name | Lakeside Estates |
| School District | Wake County Schools |
| Elementary School | Wake County Schools |
| High School | Wake County Schools |
| Listing VS Median (in Lakeside Estates) | |
Price: $1,899,990 low | high Med: $0 On site: 201 low | high Med: | |
Market Activity 27603
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Learn More About This Property
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27603 |
| Area | Wake |
| Community Name | Lakeside Estates |
| School District | Wake County Schools |
| Elementary School | Wake County Schools |
| High School | Wake County Schools |
| Listing VS Median (in Lakeside Estates) | |
Price: $1,899,990 low | high Med: $0 On site: 201 low | high Med: | |
