$3,450,000
 $18,520 est/mo Sourced by Back At You

12 N Tarboro Street,Raleigh, NC 27610

Raleigh, NC 27610

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Description

Location, Location, Location! 4 prime lots (12,14,18,20 Tarboro St) on Raleigh East corridor. Half of the whole block. Totally 0.97 Acres in the heart of Downtown Raleigh. Minutes from Raleigh's vibrant urban core, easy access to dining, shopping, entertainment. Diagonally opposite the Edenton St is the Old DMV HQ. City of Raleigh is working on the plan. It will be a community hub. Raleigh Bus Rapid Transit (BRT) has Tarboro stop at the other corner of the Edenton street. Tarboro Community Center is cross the road of Tarboro St. Edenton Court Project site plan already has approved by City of Raleigh which contains 23 townhouses in 3 buildings with 48 parking lots. Each building 3 stories high with flat rooftop terrace. Plans details (site plan and draft building plan) can be provided to serious buyers. With the Zoning changed to RX-4, you have 1 more story to work on the building plan. Zoning is RX-4 with TOD. There is also an opportunity to build 6 stories if you want to do a bigger project. We also have 4 lots (0.46 acres) available cross the Boyer St. Maybe good for a parking building for your 6-story project. Don't miss out on the opportunity to create something special in one of Raleigh's most desirable areas!

Details

MLS #10105143
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site428
Listing Provided ByRED Realty Group, Inc. | Jun Ma

Features

ZoningRX-4 w/TOD
Acreage0.97

Exterior

Lot FeaturesCity Lot, Corner Lot, Level

Utilities

UtilitiesElectricity Available, Natural Gas Available, Sewer Available, Water Available
SewerPublic Sewer

Taxes

Tax Assessed Value911250
Tax Legal Description12, 14, 18, 20 N Tarboro
Tax Year2024

Area Information

StateNC
CountyWake
CityRaleigh
Zip Code27610
AreaWake
Community NameEdenton
School DistrictWake - Needham Broughton High
Elementary SchoolWake - Powell Elementary
High SchoolWake - Needham Broughton High
Listing VS Median (in Edenton)
Price:
$3,450,000
low | high
Med:
$220,575
100% of Average
On site:
428
low | high
Med:
45
100% of Average
Sourced by Back At You

Market Activity 27610

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27610
AreaWake
Community NameEdenton
School DistrictWake - Needham Broughton High
Elementary SchoolWake - Powell Elementary
High SchoolWake - Needham Broughton High
Listing VS Median (in Edenton)
Price:
$3,450,000
low | high
Med:
$220,575
100% of Average
On site:
428
low | high
Med:
45
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.587M - $4.312M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1302 E Jones Street Property Photo 1
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1302 E Jones Street
Raleigh, NC 27610
1304 E Jones Street Property Photo 1
$400,000
1304 E Jones Street
Raleigh, NC 27610
Listing Updated: July 17, 2026 at 9:26:54 PM PDT