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223 Georgetown Rd - Five-Points RaIeigh-Development Opportunity 0.9 Acres of Commercial Land in Raleigh, NC 27608

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INVESTMENT HIGHLIGHTS

  • Public Utilities
  • Five Points Raleigh!
  • Ingress & Egress

EXECUTIVE SUMMARY

UNIQUE REDEVELOPMENT OR ASSEMBLY SPACE. Located Near Five Points
219 & 223 Georgetown Rd
Raleigh NC, 27608
0.90 ± ACRES FOR SALE
+ 1.40-acre assembly opportunity - Call Tyler for more details (919) 704-0101

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Religious Facility
  • Schools
  • Single Family Development
  • Storefront, Retail or Residential
Total Lot Size 0.90 AC
No. Stories 1
Zoning R-10 - Housing Types Permitted: Detached houses, attached houses, townhouses, small-scale apartments, and civic uses.

1 LOT AVAILABLE

Lot

Lot Size 0.90 AC

Rare Five Points Redevelopment Opportunity. ±0.90 acres for sale with potential assemblage up to ±2.30 acres. Public water/sewer, dual access. Shiloh Church relocating—prime infill site with adjacent sellers open to sell.

DESCRIPTION

Rare Church Campus Opportunity in Raleigh’s Five Points – Assemblage Potential 219 & 223 Georgetown Rd | Raleigh, NC 27608 ±7,104 SF on ±0.90 Acres | Zoned R-10 | Additional ±1.40 Acres Available Located in the highly desirable Five Points area of Raleigh, this well-maintained church and schoolhouse campus presents a unique opportunity for assembly users or developers. The current congregation has outgrown the facility and is preparing to relocate, creating a rare chance to acquire a fully functional church property in a core infill location. Zoned R-10, the property allows assembly use by right, making it ideal for churches, schools, or daycare operations. The existing structures include: Main Building: ±6,380 SF with worship center and gallery seating for 170+, choir loft, 2 offices, 4 multipurpose rooms, and a dedicated Mother’s Room Schoolhouse: ±711 SF with an attached playground Kitchen & Dining Hall: Updated cabinetry, countertops, and partitions for flexible gathering use Outdoor Features: Paved courtyard, picnic area, and 44+ parking spaces with street parking nearby Recent Improvements (2020–2023): Roof replacement, HVAC upgrades, carpet, bipolar ionizer air cleaner, kitchen updates, new fencing, resurfaced parking lot, sanctuary exit, carport repairs, and gutter guards. Neighboring parcels are willing to assemble, offering up to ±2.3 acres total—a significant opportunity for future redevelopment or institutional expansion. FF&E and AV systems are negotiable.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1704.08-88-9414-000
Land Assessment
$540,000
Improvements Assessment
$844,411
Total Assessment
$1,384,411
  • Listing ID: 36760904

  • Date on Market: 7/16/2025

  • Last Updated:

  • Address: 223 Georgetown Rd, Raleigh, NC 27608

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