Prime Residential Development Opportunity! 2.5 acres currently zoned R-6, inside the beltline and within the transit overlay district. Minutes away from Wake Medial Hospital, 440 and Downtown Raleigh. Public water and sewer are available. Development is possible on this site. Currently there are 2 rented houses on the property; however, the true value is in the land for future development with higher density. Bring your builder/developer to this great opportunity to address the demand for housing in the Raleigh area. This property is also listed for sale in Rental Income MLS #10136648
| MLS # | 10137610 |
|---|---|
| Listing Type | For Lease |
| Status | Active Under Contract |
| Days On Site | 251 |
| Listing Provided By | Compass -- Raleigh | Brent Henson |
| Zoning | R-6 |
|---|---|
| Acreage | 2.50 |
| Utilities | See Remarks |
|---|---|
| Sewer | Public Sewer |
| Tax Assessed Value | 553470 |
|---|---|
| Tax Legal Description | Lo1 Green Nbc Health LLC Rcmb Bm2019-00954Lo2 Green Nbc Health LLC Rcmb Bm2019-00954 |
| Tax Year | 2025 |
| Tax Map Number | 1 |
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27610 |
| Area | Wake |
| Community Name | Not in a Subdivision |
| School District | Wake - William G Enloe High |
| Elementary School | Wake - Bugg Elementary |
| High School | Wake - William G Enloe High |
| Listing VS Median (in Not in a Subdivision) | |
Price: $1,300,000 low | high Med: $399,000 On site: 251 low | high Med: 209 | |
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27610 |
| Area | Wake |
| Community Name | Not in a Subdivision |
| School District | Wake - William G Enloe High |
| Elementary School | Wake - Bugg Elementary |
| High School | Wake - William G Enloe High |
| Listing VS Median (in Not in a Subdivision) | |
Price: $1,300,000 low | high Med: $399,000 On site: 251 low | high Med: 209 | |