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Informations principales sur l'investissement
- Flexible OX-5 zoning allows mixed-use, multifamily, or townhomes in a fast-growing transit corridor near WakeMed and Downtown
- Includes natural green space suitable for community amenities such as trails or parks
- Minutes from major institutions and roadways including WakeMed Raleigh, I-440, and Downtown Raleigh
- Positioned within the New Bern Avenue Bus Rapid Transit corridor for excellent regional connectivity
- Includes natural green space suitable for community amenities such as trails or parks
Résumé analytique
Ideally located just minutes from WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail, and positioned to benefit from the ongoing transformation of the New Bern Avenue Bus Rapid Transit (BRT) corridor, where construction is now underway. Seller financing is available, making this a compelling opportunity to invest in Raleigh’s growing transit-oriented health and education district.
Informations sur l’immeuble
| Prix | 854 314 € | Sous-type de bien | Terrain commercial |
| Type de vente | Investissement | Usage proposé | |
| Nb de lots | 1 | Surface totale du lot | 0,66 ha |
| Type de bien | Terrain | ||
| Zonage | OX-5 - Mixed Use up to 5 stories. | ||
| Prix | 854 314 € |
| Type de vente | Investissement |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Terrain commercial |
| Usage proposé | |
| Surface totale du lot | 0,66 ha |
| Zonage | OX-5 - Mixed Use up to 5 stories. |
1 Lot disponible
Lot 1
| Prix | 854 314 € | Surface du lot | 0,66 ha |
| Prix par ha | 1 295 127,04 € |
| Prix | 854 314 € |
| Prix par ha | 1 295 127,04 € |
| Surface du lot | 0,66 ha |
Vacant 1.63-acres zoned OX-5 with Milburnie Rd frontage. Ideal for multifamily, townhome or office use in growing transit oriented corridor. Nearby to Wake Med, Downtown Raleigh and 440.
Description
This 1.634-acre site offers a rare infill development opportunity in a rapidly growing area of Raleigh. Zoned OX-5 for mixed-use development, the property supports versatile configurations ideal for multifamily or townhome projects. A preliminary layout concept demonstrates options for apartment development or as many as ten townhomes. The site provides efficient access with recorded rights-of-way from New Bern Avenue and frontage along Milburnie Road. A natural green space within the property presents possibilities for added amenities such as a walking trail, pocket park, or community space, enhancing the appeal for residential users. Located along the New Bern Avenue Bus Rapid Transit corridor - currently under construction, this property benefits from long-term infrastructure investments and transit-oriented growth trends. Its strategic position ensures proximity to key destinations, including WakeMed Raleigh, I-440, Crabtree Creek Trail, and downtown Raleigh, enabling seamless community connectivity. Concept designs, survey maps, and additional documentation are available upon request, and seller financing provides flexibility for prospective buyers.
Présenté par
2802 Milburnie Rd
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