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Listed by EXP Realty LLC
$ 975,000
Est. payment /mo
Active
2802 Milburnie RD Raleigh, NC 27610
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 10145535
HOA Y/N No
Annual Tax Amount $3,373
Acres 1.63
Lot Dimensions see available plat
Property Sub-Type Unimproved Land
Source Doorify MLS
Property Description
Exceptional development opportunity in a rapidly evolving Raleigh corridor! This 1.634-acre site is zoned OX-5 and offers outstanding flexibility with a preliminary site plan supporting multifamily development or up to 10 townhomes. A recorded right-of-way provides additional access from New Bern Avenue, enhancing connectivity and future potential. The property also features a natural area that could serve as a community garden, pocket park, or other thoughtfully designed green space. Ideally located just minutes from WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail, the site is 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.
Location
State NC
County Wake
Community Not In A Subdivision
Area 1.63
Zoning OX-5
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Electricity Connected, Sewer Available
Garage No
Building
Water Public
New Construction No
Schools
Elementary Schools Wake County Schools
Middle Schools Wake County Schools
High Schools Wake County Schools
Others
Senior Community No
Tax ID 172417112424000 0016109
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
