Raleigh, NC 27610
$645,000
Exceptional development opportunity in Raleigh's rapidly evolving New Bern Avenue corridor! This 1.63-acre property is zoned OX-5-TOD, offering flexible development possibilities, including multifamily residential, with a five-story height designation. A recorded cross-access easement provides connectivity toward New Bern Avenue and is also well-positioned near the planned Bus Rapid Transit (BRT) improvements. Ideally located near WakeMed Raleigh, I-440, Downtown Raleigh, and the Crabtree Creek Trail. Comprehensive due diligence reports, conceptual plans, and supporting documentation are available upon request. Development subject to applicable approvals.
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Listed by Beth Martin, EXP Realty LLC