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1110 Holmes St 7,527 SF Specialty Building Offered at $1,650,000 in Raleigh, NC 27601
Investment Highlights
- Prime urban infill development site.
- Walkable to the newly renovated John Chavis Memorial Park.
- Minutes to Downtown Raleigh's arts and entertainment districts.
- Surrounded by a mix of new residential development and single-family activity.
Executive Summary
Located just minutes from Downtown Raleigh, this 2.43-acre parcel with a 7,527-square-foot church presents a prime opportunity for multi-family development within an Opportunity Zone. Situated conveniently near the newly revamped 29-acre John Chavis Memorial Park, as well as the thriving Fayetteville Street and Moore Square districts, this location offers a surplus of amenities. Raleigh's acclaim and national recognition, marked by numerous awards, further enhance the appeal of this site for residential urban infill projects.
Please note that this sale includes the land at 557 Bragg Street.
Please note that this sale includes the land at 557 Bragg Street.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,650,000 | Lot Size | 2.43 AC |
| Price Per SF | $219.21 | Building Size | 7,527 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | Redevelopment Project | Year Built | 1984 |
| Property Type | Specialty | Parking Ratio | 3.99/1,000 SF |
| Property Subtype | Religious Facility | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R-10 - Residential | ||
| Price | $1,650,000 |
| Price Per SF | $219.21 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 2.43 AC |
| Building Size | 7,527 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Parking Ratio | 3.99/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-10 - Residential |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,098,651 | |
| Land Assessment | $1,095,000 | Total Assessment | $2,193,651 |
Property Taxes
Parcel Numbers
Land Assessment
$1,095,000
Improvements Assessment
$1,098,651
Total Assessment
$2,193,651
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1110 Holmes St
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