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5621 Kyle Dr - Kyle Drive Assemblage 1.21 Acres of Commercial Land Offered at $695,000 in Raleigh, NC 27616


Investment Highlights
- Flexible Rezoning Potential
- City of Raleigh is currently rezoning property in the area to CX
- In a growing corridor
Executive Summary
Rare 1.21-acre two-parcel assemblage in a growing North Raleigh corridor just off Louisburg Road (US-401). This listing includes 5621 Kyle Drive (PIN 1736166080) and 5615 Kyle Drive (PIN 1736156950). Currently zoned R-10 and marketed with an active rezoning strategy toward higher-density mixed-use (NX/CX). Ideal for neighborhood retail, small commercial, townhomes, or mixed-use redevelopment. Existing homes provide potential interim income while entitlement is pursued. Strong surrounding residential density and corridor growth make this a compelling infill opportunity.
Property Facts
1 Lot Available
Lot
| Price | $695,000 | Lot Size | 1.21 AC |
| Price Per AC | $574,380.17 |
| Price | $695,000 |
| Price Per AC | $574,380.17 |
| Lot Size | 1.21 AC |
Rare 1.21-acre two-parcel assemblage in a growing North Raleigh corridor just off Louisburg Road (US-401). This listing includes 5621 Kyle Drive (PIN 1736166080) and 5615 Kyle Drive (PIN 1736156950). Currently zoned R-10 and marketed with an active r
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Property Taxes
| Parcel Numbers | Improvements Assessment | $464,202 | |
| Land Assessment | $300,000 | Total Assessment | $764,202 |
Property Taxes
Parcel Numbers
Land Assessment
$300,000
Improvements Assessment
$464,202
Total Assessment
$764,202
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5621 Kyle Dr - Kyle Drive Assemblage
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