Prime Development Opportunity in the Heart of Raleigh!Unmatched potential awaits at 517 Buck Jones Road, featuring an already approved Administrative Site Review (ASR) for a 64-unit multifamily development. Alternatively, the property allows for a transition to a 54-unit townhome community with a minor modification to the existing plan--an option that… Read More aligns with the growing demand for flexible housing solutions.Situated in a highly sought-after location, this property offers exceptional accessibility--just 5 minutes to I-440, I-40, Fenton, NC State University, Downtown Cary, and the State Fairgrounds. Its prime position at the nexus of Raleigh's growth makes it an unparalleled investment opportunity in one of the fastest-growing markets in the Triangle.Whether you envision building modern multifamily units or a vibrant townhome community, this site provides the canvas for your development goals. The existing ASR approval and its strategic location reduce development hurdles, giving you a head start on a high-impact project.Seize this rare opportunity to bring your vision to life and shape Raleigh's booming real estate landscape. Read Less
Courtesy of NorthGroup Real Estate, Inc., Charles Santos, 704-412-2804.
Building Area Units: Square Feet, Living Area Units: Square Feet
Lot
Lot Size Acres: 5.18, Lot Size Area: 5.18, Lot Size Dimensions: see survey, Lot Size Square Feet: 225640.8, Lot Size Units: Acres, Parcel Number: 39 pt 40
Property
Current Use: "Development", "Investment", "Multi-Family", "Residential", "Single Family", "Vacant", Property Sub Type: Unimproved Land, View: "Trees/Woods", Zoning: R4-FTDO
Sewer
Sewer: "Public Sewer", "Septic Tank"
Taxes
Tax Annual Amount: 10924.7
Utilities
Utilities: "Cable Available", "Cable Connected", "Electricity Connected", "Natural Gas Connected", "Septic Connected", "Sewer Not Available", "Water Connected", Water Source: "Public"
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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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