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Investment Highlights

  • ±0.39-acre development opportunity
  • Walkable urban corridor with surrounding amenities
  • Positioned within established Raleigh submarket
  • Located near the Village District and Downtown Raleigh
  • Convenient access to Wade Avenue and Glenwood Avenue

Executive Summary

Rare opportunity to acquire a development site within one of Raleigh’s most established urban corridors. Positioned near the Village District, Downtown Raleigh and NC State University, the property benefits from strong surrounding demographics, continued investment activity and convenient access throughout the Triangle. The site’s location and scale support a variety of future development possibilities.

Property Facts

Price $1,650,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Mixed Use
Total Lot Size 0.39 AC
Zoning OX-3-UL & HOD-G - OX-3-UL - Office Mixed Use - 3 Stories Max - Urban Limited HOD-G - Historic Overlay District

1 Lot Available

Lot

Price $1,650,000
Price Per AC $4,239,465.57
Lot Size 0.39 AC

±0.39-acre urban infill development site along Oberlin Road near the Village District and Downtown Raleigh. Walkable location with convenient access to retail, dining, employment centers and major transportation routes.

Description

802 Oberlin Road offers a well-positioned development opportunity within a highly desirable Raleigh submarket. Surrounded by established neighborhoods and ongoing investment activity, the property provides immediate access to shopping, dining, entertainment and employment destinations. Its strategic location near key thoroughfares including Wade Avenue and Glenwood Avenue allows for convenient regional accessibility while maintaining a strong neighborhood-oriented setting. The property is ideally suited for buyers seeking an infill development opportunity within a mature and supply-constrained market.

Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
1704.13-04-4293-000
Land Assessment
$611,568
Improvements Assessment
$0
Total Assessment
$611,568
  • Listing ID: 40697605

  • Date on Market: 5/28/2026

  • Last Updated:

  • Address: 802 Oberlin Rd, Raleigh, NC 27605

Contact the Sale Advisor

802 Oberlin Rd

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