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- LoopNet Team
3609 Anclote Pl
Raleigh, NC 27607
Land For Sale
·
2.56 AC
Investment Highlights
- Redevelopment Project
Property Facts
| Property Type | Land | Total Lot Size | 2.56 AC |
| Property Subtype | Residential | ||
| Zoning | R-6 - Residential with density options | ||
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 2.56 AC |
| Zoning | R-6 - Residential with density options |
Description
Ridge Road redevelopment opportunity of the existing Anclote Arms apartment complex. Prime 2.56 acres located on Ridge Rd near Wade avenue. Don't miss this opportunity to acquire a generational asset in a market where land is scarce and demand is soaring. Whether you're a developer seeking a luxury townhome project or an investor looking to park 1031 funds in a trophy location, this property delivers. Located in one of the most coveted neighborhoods in Raleigh. Adjacent to 200 acres owned by Meredith College. Ideal location for high-end residential development including townhomes, condos, patio homes, and single family. Walking distance to Whole Foods in the Ridgewood Shopping Center and restaurants. Only minutes from downtown Raleigh, to NC State University, Meredith College, Art Museum, top-tier public schools, Lenovo Center, Carter Finley Stadium, Dorton Arena, RDU Airport, Village District, Midtown and the Research Triangle Park.
