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Investment Highlights
- Prime investment opportunity
- Strategic location
- Great potential for growth
Executive Summary
Two adjacent lots totaling .55 acres, located in South Raleigh near the intersection of Ileagnes Road and Wilmington Street. Easy access tomajor roadways US 401 and I-40.
Property Facts
| Price | $1,100,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.55 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | CX-3 - Commercial | ||
| Price | $1,100,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.55 AC |
| Opportunity Zone |
Yes |
| Zoning | CX-3 - Commercial |
1 Lot Available
Lot
| Price | $1,100,000 | Lot Size | 0.55 AC |
| Price Per AC | $1,988,305.15 |
| Price | $1,100,000 |
| Price Per AC | $1,988,305.15 |
| Lot Size | 0.55 AC |
Land for sale
Description
Just minutes from the future Downtown South project, 103-105 Ileagnes will benefit from the tremendous growth this project will bring to the area. The property lies in the Transit Overlay District(TOD) which guides development toward denser, walkable, mixed-use environments.
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $574,992 | Total Assessment | $574,992 |
Property Taxes
Parcel Numbers
Land Assessment
$574,992
Improvements Assessment
$0
Total Assessment
$574,992
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103-105 Ileagnes Dr
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