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9308 Fairbanks Dr 2.95 Acres of Commercial Land Offered at $2,244,000 in Raleigh, NC 27613
Investment Highlights
- Fully entitled for 24 residential townhome lots with subdivision plans included.
- NX-3-CU zoning supports planned 24’ x 50’ footprints with two-car garages.
- Located within minutes of RDU Airport, retail amenities, and established residential communities.
- Premium infill site totaling approximately 2.948 acres near major transportation corridors.
- Positioned for elevator-capable, three-story townhome product appealing to lock-and-leave buyers.
- Option to sell as an entire project or subdivide lots to suit investor requirements.
Executive Summary
Property Facts
| Price | $2,244,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Office |
| No. Lots | 1 | Total Lot Size | 2.95 AC |
| Property Type | Land | ||
| Zoning | NX-3-CU | ||
| Price | $2,244,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Office |
| Total Lot Size | 2.95 AC |
| Zoning | NX-3-CU |
1 Lot Available
Lot
| Price | $2,244,000 | Lot Size | 2.95 AC |
| Price Per AC | $760,677.97 |
| Price | $2,244,000 |
| Price Per AC | $760,677.97 |
| Lot Size | 2.95 AC |
Fairbanks Reserve is an entitled 24-unit townhome subdivision located at 9308 Fairbanks Drive. The project was designed to deliver a differentiated, elevator-capable, 3-story product in a highly desirable infill location.
Description
Fairbanks Reserve represents a rare opportunity to acquire a fully entitled 24-lot townhome subdivision in a high-demand Raleigh infill location. The project spans approximately 2.948 acres and offers complete zoning approval under NX-3-CU, allowing for future development without extensive planning delays. Current plans feature a differentiated, elevator-capable three-story design with two-car front-load garages, appealing to buyers seeking convenience, low-maintenance living, and accessibility features. Each lot is planned for a 24’ x 50’ building footprint on parcels approximately 85 feet deep, providing flexibility for functional floorplans and optional age-targeted or mobility-adaptable construction. Close proximity to Raleigh-Durham International Airport, employment hubs, and established neighborhoods enhances long-term demand positioning.
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9308 Fairbanks Dr
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