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INVESTMENT HIGHLIGHTS
- Prime .37 acre development opportunity in Downtown Raleigh
- Flexible zoning, allowing for small multifamily/townhome, single family, condo, retail or office development
- Excellent location bridging Boylan Heights and the Warehouse District
- Steps to the vibrant Warehouse Disitrict and walking distance to Downtown Raleigh Proper and Dix Park
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $1,750,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.38 AC |
| Property Type | Land | ||
| Zoning | IX-4 - Industrial Mixed Use | ||
| Price | $1,750,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.38 AC |
| Zoning | IX-4 - Industrial Mixed Use |
1 LOT AVAILABLE
Lot
| Price | $1,750,000 | Lot Size | 0.38 AC |
| Price Per AC | $4,605,263.16 |
| Price | $1,750,000 |
| Price Per AC | $4,605,263.16 |
| Lot Size | 0.38 AC |
DESCRIPTION
West of Downtown and at the intersection of Boylan Heights and Raleigh’s Warehouse District, this area has quickly become a vibrant, mixed-use center. The property is perfectly positioned between Downtown proper and Dix Park - and both are walkable in less than 10 minutes. Several developments in the neighborhood have been recently completed including Kane's Platform, the Fairweather Condos, Boulted Bread's new facility and the West Street Townhomes. These, along with the $275mm Raleigh Union Station expansion and the proposed West Street connection will continue to increase the visibility and attractiveness of this site.
PROPERTY TAXES
| Parcel Number | 1703.06-47-2505-000 | Improvements Assessment | $0 |
| Land Assessment | $1,353,828 | Total Assessment | $1,353,828 |
PROPERTY TAXES
Presented by
302 Dupont Cir
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