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Listed by HomeSmart Expert Realty
$ 5,200,000
Est. payment /mo
Active
1501 Carolina Pines AVE Raleigh, NC 27603
UPDATED:
Key Details
Property Type Vacant Land, Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10120542
HOA Y/N No
Annual Tax Amount $1,896
Acres 8.44
Lot Dimensions irregular
Property Sub-Type Unimproved Land
Source Doorify MLS
Property Description
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, 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.
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.
Location
State NC
County Wake
Area 8.44
Interior
Fireplace No
Exterior
Garage No
Building
New Construction No
Others
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Nearby Locations
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