630 Hillsborough St | Raleigh, NC 27603
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- LoopNet Team
630 Hillsborough St
Raleigh, NC 27603
Land For Sale
·
0.30 AC
INVESTMENT HIGHLIGHTS
- Formerly Taylor’s Garage
- Across the street from Block 83
- 13,440 square feet signalized, corner lot
- Site plan approved for 3,200 SF restaurant
PROPERTY FACTS
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 0.30 AC |
| Zoning | NX-7UL | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.30 AC |
| Zoning | NX-7UL |
DESCRIPTION
The demand for Raleigh, North Carolina commercial real estate is in hyper-overdrive. Few opportunities for development remain, especially prime locations like 630 Hillsborough St. This property is located across the street from Bloc83. The recent sell of this mixed-use, multi-tower development generated the “largest single sales transaction in the city’s history. The $330 million sale of this property occurred in December 2021.
PROPERTY TAXES
| Parcel Number | 1703.06-49-1348-000 | Improvements Assessment | $3,150 |
| Land Assessment | $3,332,340 | Total Assessment | $3,335,490 |
PROPERTY TAXES
Parcel Number
1703.06-49-1348-000
Land Assessment
$3,332,340
Improvements Assessment
$3,150
Total Assessment
$3,335,490
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