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301 W Cabarrus St
Raleigh, NC 27601
301 West Cabarrus · Land For Sale
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1.05 AC
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.05 AC |
| Property Type | Land | ||
| Zoning | DX-12-UG - Downtown Mixed-Use (DX-12-UG) | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.05 AC |
| Zoning | DX-12-UG - Downtown Mixed-Use (DX-12-UG) |
1 Lot Available
Lot
| Lot Size | 1.05 AC |
| Lot Size | 1.05 AC |
±1.05-acre Cash-Flowing Redevelopment Opportunity in the Core of Downtown Raleigh
Description
±1.05-acre Cash-Flowing Redevelopment Opportunity in the Core of Downtown Raleigh Covered Land Play with In-Place 12-Story Zoning and High-Rise Development Upside • Upside with leasing the warehouse and ± $52,000 in gross revenue from surface parking in 2025 • Rapid-access surface parking with proximity to Red Hat Amphitheater and Raleigh Convention Center • Vibrant downtown location with a WalkScore of 91 • In-place DX-12 zoning allowing for higher density development up to 12 stories
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