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1302 Hillsborough St 0.21 Acres of Commercial Land Offered at $1,500,000 in Raleigh, NC 27605

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INVESTMENT HIGHLIGHTS

  • Easy Access to Forest & Pullen Park
  • Bordering the Charming Cameron Park Historic Neighborhood
  • Minutes from St. Marys School, Meredith College & NCSU

EXECUTIVE SUMMARY

Rare Development Opportunity in the Heart of Downtown Raleigh
Ideal For Two Houses or Small Multiunit Development
Preliminary Survey Showcasing Single or Multi-unit Development Opportunity

PROPERTY FACTS

Price $1,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Multifamily
  • Single Family Development
Total Lot Size 0.21 AC
Zoning OX-3 - Office Mixed Use

1 LOT AVAILABLE

Lot

Price $1,500,000
Price Per AC $7,142,857.14
Lot Size 0.21 AC

**OWNER FINANCING AVAILABLE** Currently operating as a parking lot bringing in approximately $2000 / Month Lot is run by a parking management company 27 Parking Spots Available

DESCRIPTION

Income Generating Parking Lot

Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 27839585

  • Date on Market: 2/27/2023

  • Last Updated:

  • Address: 1302 Hillsborough St, Raleigh, NC 27605

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