611 & 613 Powell Dr Raleigh, NC 27606
Estimated payment $34,363/month
Highlights
- Property is near public transit
- Partially Wooded Lot
- Gentle Sloping Lot
- Adams Elementary Rated A-
- No HOA
About This Lot
One of the LAST large parcels in downtown RALEIGH! Don't miss your chance to own almost 6 acres of property inside the I-40 belt line. Build your own private secluded home or develop into a multiple homesites.
Zoned R4 with ability to build Single Family Homes or 2 townhomes with a 65' width minimum under the conventional development option, see Raleigh UDO for minimum lot requirements. Raleigh UDO: https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance
The lot being sold is approximately 985ft x 252ft.
The property is minutes from Cary, Apex, Garner, Durham, Morrisville, NC State, Bus lines, shopping, restaurants, and entertainment. New SFH in the area selling for around $950k.
Homes are of no value and both parcels of 611 and 613 Powell will only be sold together.
Cameras onsite, please do not walk property without an appointment.
Property Details
Property Type
- Land
Est. Annual Taxes
- $11,273
Lot Details
- 5.85 Acre Lot
- Gentle Sloping Lot
- Cleared Lot
- Partially Wooded Lot
- Landscaped with Trees
- May Be Possible The Lot Can Be Split Into 2+ Parcels
- Property is zoned R4
Location
- Property is near public transit
Schools
- Wake County Schools Elementary And Middle School
- Wake County Schools High School
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2025 02/01/25 | For Sale | $6,000,000 | -- | -- |
Source: Doorify MLS
MLS Number: 10074150
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