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3320 Tryon Rd 3.26 Acres of Residential Land Offered at $2,500,000 in Raleigh, NC 27603
Investment Highlights
- Located in Raleigh’s growth corridor with proximity to major residential communities and retail clusters.
- Close to established neighborhoods, schools, and commuter routes, enhancing long-term investment potential.
- Positioned near primary thoroughfares providing convenient access to downtown Raleigh and surrounding submarkets.
- Public utilities and infrastructure accessible in immediate vicinity for development readiness.
Executive Summary
Approved Plans: The offering includes approved civil construction plans for a multifamily apartment development, significantly reducing entitlement risk and early-stage development costs. Engineered Drawings: Detailed engineered civil construction drawings are already in place, providing a major head start for developers.
Property Facts
| Price | $2,500,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 3.26 AC |
| Property Type | Land | ||
| Zoning | RX-3 - Zoning: RX-3, which permits residential or mixed-use development options under current municipal code. | ||
| Price | $2,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 3.26 AC |
| Zoning | RX-3 - Zoning: RX-3, which permits residential or mixed-use development options under current municipal code. |
1 Lot Available
Lot 1 & 2
| Price | $2,500,000 | Lot Size | 3.26 AC |
| Price Per AC | $766,871.17 |
| Price | $2,500,000 |
| Price Per AC | $766,871.17 |
| Lot Size | 3.26 AC |
Fully Entitled Development Land For Sale. Approved for 36 apartment unit near NCSU. Great location! The Loft Approved Civil Construction Drawings are available.
Description
“The Loft” is a planned apartment development located in the highly desirable Raleigh, North Carolina market. This offering includes approved civil construction plans, providing a significant head start for developers and investors. Highlights: Approved plans for apartment development Located in Raleigh, NC near NCSU – a rapidly growing market Site includes engineered civil construction drawings (see plans) Strong potential for multifamily or residential development Excellent access to surrounding infrastructure and roadways Great opportunity for student housing development
Presented by
3320 Tryon Rd
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