This Land Property is no longer advertised on LoopNet.com.

6850 Litchford Rd
Raleigh, NC 27615
Land For Sale · 9.20 AC

Investment Highlights

  • Call for offers due Friday August 25.

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Industrial
  • Apartment Units
  • Hold For Development
  • Hold For Investment
Total Lot Size 9.20 AC
Zoning R-6, IX-3 - Residential and Industrial Mixed Use

Description

6850 Litchford Road is an approximately 9.26 acre site with no existing improvements. The Property has split zoning with a portion of the Property zoned R-6 and a portion of the Property zoned IX-3. The offering price is $1,400,000. Please note that based on discussions with the City of Raleigh, the future development of the Property will likely require Roundrock Drive to be extended to Litchford Road. The extension of the road will cross a portion of the rear of the Property. It appears the cost of the extension of Roundrock Drive will be the expense of the developer of the Property. The Seller has a preliminary site plan that shows the potential location of the extension of Roundrock Drive, as well as, some preliminary (not confirmed) information regarding wetlands. This information was prepared for a previously interested buyer. The previous buyer was planning a multi-family project for the Property. Please note that the Property is subject to the Restrictive Covenants of Rowland Business Park, Inc. The Restrictive Covenants are attached.

Property Taxes

Property Taxes

Parcel Number
1727.13-02-2939-000
Land Assessment
$1,676,854
Improvements Assessment
$0
Total Assessment
$1,676,854
  • Listing ID: 29227816

  • Date on Market: 8/9/2023

  • Last Updated:

  • Address: 6850 Litchford Rd, Raleigh, NC 27615

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