$1,700,000
$2M PRICE DROP

Estimated payment $10,162/month

Total Views 7,355
1.5 Acres
$1,133,333 Price per Acre
65,340 Sq Ft Lot

About This Lot

Located SECONDS from downtown & situated right along the NEW *Wake BRT Route** being constructed! PRIME Development Opportunity in the Heart of Raleigh** 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!

Listing Agent

Hollie Lupton

eXp Realty, LLC - C License #321994

eXp Realty, LLC - C

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,091

Year Built

  • 1983

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 235x250x295x221

Schools

  • Hunter Elementary School
  • Ligon Middle School
  • Enloe High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1713991312

Property Details

Property Type

Land

Est. Annual Taxes

$8,091

Year Built

1983

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: See Remarks
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 235x250x295x221
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • Utilities Water Connected: Yes
  • Contract Information Lease Term: Month To Month
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information Lot Size Square Feet2: 65340.0
  • General Property Information Lot Size Acres: 1.5
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1983

Interior Features

  • Possible Use: Commercial, Development, Investment, Mixed Use, Multi-Family, Residential

Exterior Features

  • Acres: 1.5

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Enloe
  • Middle Or Junior School: Wake - Ligon

Lot Info

  • Development Status: See Remarks
  • Lot Dimensions: 235x250x295x221
  • Lot Size Sq Ft: 65340.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1713991312
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Annual Amount: 8091.0
  • Tax Year: 2024
  • Tax Map Number: RX-3-GP

MLS Schools

  • Elementary School: Wake - Hunter

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Price Changed $1,700,000 -41.4% --
02/18/2025 02/18/25 Price Changed $2,900,000 -17.1% --
01/08/2025 01/08/25 For Sale $3,500,000 -- --
Source: Doorify MLS

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Source: Doorify MLS

MLS Number: 10069688

Doorify MLS