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5000 Raleigh Beach
Raleigh, NC 27610
Land For Sale
·
18.99 AC
Investment Highlights
- Large-scale ±18.99-acre mixed-use opportunity
- Signalized intersection with strong traffic exposure
- Adjacent to residential, retail and mixed-use development
- Located within Edgewater Commons master-planned development
- ±28,000 AADT along New Bern Avenue (US-64 Business)
- Close proximity to Downtown Raleigh and WakeMed
Executive Summary
- PD – Planned Development (approved use required)
- ±18.99-acre development site
- Prominent New Bern Avenue frontage (±28,000 AADT)
- Signalized intersection at N. Rogers Lane
- Part of Edgewater Commons, a large-scale mixed-use development
- Surrounded by active residential and retail development
- ±18.99-acre development site
- Prominent New Bern Avenue frontage (±28,000 AADT)
- Signalized intersection at N. Rogers Lane
- Part of Edgewater Commons, a large-scale mixed-use development
- Surrounded by active residential and retail development
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 18.99 AC |
| Property Type | Land | Cross Streets | New Bern Ave |
| Property Subtype | Commercial | ||
| Zoning | PD - Planned Development | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 18.99 AC |
| Cross Streets | New Bern Ave |
| Zoning | PD - Planned Development |
1 Lot Available
Lot
| Lot Size | 18.99 AC |
| Lot Size | 18.99 AC |
±18.99-acre future mixed-use site within Edgewater Commons, a master-planned development in Northeast Raleigh. Located at the signalized intersection of New Bern Avenue and N. Rogers Lane with ±28,000 AADT and strong access to I-440 and I-540.
Description
The subject property is a ±18.99-acre site located within the Edgewater Commons mixed-use community in Northeast Raleigh. As part of the Edgewater development, proposed use must qualify under the approved PD zoning. The site is positioned within a rapidly developing corridor with frontage along New Bern Avenue and convenient access to I-440 and I-540.
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