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Additional details

The Ease Group

theeasegroupre@gmail.com +1(919) 307-6824

Listed by Compass -- Raleigh

$ 1,699,000

Est. payment | -/mo

Save

$ 1,699,000

Est. payment | -/mo

Save

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Not In A Subdivision

MLS Listing ID 10159692

HOA Y/N No

Annual Tax Amount $17,928

Acres 0.26

Lot Dimensions Refer to Wake County GIS

Property Sub-Type Unimproved Land

Source Doorify MLS

Property Description

Incredible development/renovation opportunity at Glenwood South, in the heart of Downtown Raleigh. A rare chance to build in one of the city's most active and desirable neighborhoods, with a high visibility location, strong foot traffic and walkable access to Raleigh's premier dining, nightlife, and entertainment. Two adjacent parcels (407 & 411 N. Boylan Ave) being sold together as one listing, offering a combined 0.26 acres (0.13 acres each) with three existing dwellings on the 2 lots totaling approx. 4,492 sqft. Zoned OX-3 (mixed-use, residential with business use), the site supports a wide range of uses including detached single-family, townhomes, condos/apartments, retail, office, or a combination of mixed-use development (ex. commercial on the ground floor, residential above). Parcels may be developed together or separately. Maximum building height is 3 stories under current zoning. Subject to NCOD overlay, which includes restrictions on roof pitch, setbacks, and similar design standards (see private agent remarks for details). Rezoning is possible and may allow for higher density or additional stories (several surrounding properties have already done so successfully). Utilities are available. All development potential is subject to final review and approval by surveyors, engineers, and the City of Raleigh. First photos of lots cleared + built on, are all virtually rendered!

Location

State NC

County Wake

Community Not In A Subdivision

Area 0.26

Zoning OX-3

Interior

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Downtown, City Lights

Garage No

Building

Lot Description City Lot, Rectangular Lot, Zero Lot Line

Water Public

New Construction No

Schools

Elementary Schools Wake - Wiley Elementary

Middle Schools Wake - Oberlin Middle

High Schools Wake - Needham Broughton High

Others

Senior Community No

Tax ID 1704.18-40-0938 & 1704.18-41-0023

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(919) 307-6824

theeasegroupre@gmail.com

407411 N Boylan AVE Raleigh, NC 27603