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INVESTMENT HIGHLIGHTS
- The Property encompasses approximately 26.56 acres designated for residential mixed-use development
- Located just south of the bustling Central Business District, the Property is uniquely positioned at the growing Southern Gateway to Downtown Raleigh
- Maximum zoning height of five stories
PROPERTY FACTS Under Contract
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 26.56 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | RX-5-CU - Residential Mixed-Use | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 26.56 AC |
| Opportunity Zone |
Yes |
| Zoning | RX-5-CU - Residential Mixed-Use |
1 LOT AVAILABLE
Lot
| Lot Size | 26.56 AC |
| Lot Size | 26.56 AC |
Contact Broker for Pricing
DESCRIPTION
The Property encompasses approximately 26.56 acres designated for residential mixed-use development with a maximum zoning height of five stories. Located just south of Raleigh's bustling Central Business District, the Property is uniquely positioned at the growing Southern Gateway to Downtown Raleigh. With limited developable land in other directions, this area is witnessing a surge in both public and private investments, making it a focal point for development. Major transportation routes surround the Property and will benefit from unparalleled access to primary arteries I-40, South Saunders, Wilmington Street, and significant multi-modal connectivity. The location is primed to serve the growing population and job market in Downtown Raleigh, Southern Wake County, and Johnston County. The property is in an Opportunity Zone (OZ) and 2025 Qualified Census Tract (QCT).
Presented by
802-906 Ileagnes Road
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