A rare development opportunity in one of Raleigh's fastest-growing corridors. This offering includes five contiguous parcels at 1501, 1511, and 1515 Carolina Pines Avenue, along with 2109 and 2117 Lake Wheeler Road, totaling a substantial assemblage of 8+ acres in a highly desirable location. Situated just minutes from Downtown Raleigh,… Read More NC State University, I-40, and the burgeoning mixed-use growth along Lake Wheeler Road, this property provides unmatched visibility and accessibility for future development. Opportunities of this scale are increasingly rare within the city limits, making this assemblage a prime candidate for residential, mixed-use, or commercial development (subject to zoning and city approval). Developers and investors will appreciate both the strong demographic growth in the area and the site's proximity to employment, education, and entertainment hubs. Whether you're looking to create a signature community, a multi-family project, or a high-profile commercial destination, this assemblage represents a once-in-a-generation chance to secure a large development footprint in a premier Raleigh location. Read Less
Courtesy of HomeSmart Expert Realty, Jonathan Edmiston, 919-583-7711.
Listing Snapshot
Days Online
8
Last Updated
Property Type
Unimproved Land
Lot Size
8.44 Acres
MLS Number
10120542
30 Days Snapshot Of 27603
$347k
-3%
(avg) sold price
6
-25%
homes sold
114
-23%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Lot Size Units: Acres, Lot Size Acres: 8.44, Lot Size Area: 8.44, Lot Size Dimensions: irregular, Lot Size Square Feet: 367646.4
Building
Building Area Units: Square Feet, Construction Materials: "Unknown", Living Area Units: Square Feet
Cooling
Cooling Included
Heating
Heating Included
Property
Property Sub Type: Unimproved Land
Taxes
Tax Annual Amount: 1896.82
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Information Not Guaranteed. Copyright 2024 Triangle MLS, Inc. of North Carolina. All rights reserved. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Listings last updated on , .
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