2400 Tryon Rd 1.98 Acres of Residential Land Offered at $1,195,000 in Raleigh, NC 27603

2400 Tryon Road presents an exceptional development opportunity in the rapidly growing Raleigh market. Spanning approximately 1.98 acres, the parcel is zoned R-10, allowing for flexible residential development that aligns with the area’s strong demand for housing. The site includes two existing single-family structures, providing immediate income potential or redevelopment options.
Strategically located along Tryon Road, the property enjoys quick connectivity to I-40, US-70, and US-401, ensuring easy access to Downtown Raleigh, Downtown Garner, and the broader Research Triangle region. The area surrounding the property continues to see significant growth, with new commercial and multifamily developments expanding along the corridor. Proximity to key destinations such as North Carolina State University, the Raleigh Convention Center, and Red Hat Amphitheater underscores the property’s appeal as a development site.
The parcel benefits from utilities in place, including water and septic, with a potential sewer tie-in at the rear (buyer verification required). Half a mile from a signalized intersection and situated in a fast-growing corridor, this property represents a prime opportunity for investors and developers seeking to capitalize on Raleigh’s robust growth trajectory.