Courtesy of Compass -- Raleigh, Deline Moscoso.
Take advantage of seller financing with significant down payment! This rare 0.31-acre lot in Downtown Raleigh is the perfect opportunity for developers and investors looking to build in one of Raleigh's fastest-growing areas. With R-10 zoning, you can build up to 5 units in its current state or split the lot into two parcels for smaller projects. The original plan included townhomes, and although an attempt was made to secure higher-density affordable housing approvals, the site currently allows for a maximum of 5 units.
Take advantage of seller financing with significant down payment! This rare 0.31-acre lot in Downtown Raleigh is the perfect opportunity for developers and investors looking to build in one of Raleigh's fastest-growing areas. With R-10 zoning, you can build up to 5 units in its current state or split the lot into two parcels for smaller projects. The original plan included townhomes, and although an attempt was made to secure higher-density affordable housing approvals, the site currently allows for a maximum of 5 units.
Land
Unimproved Land
--
--
--
0.31
Active
56
-- Sq. Ft.
13,503 Sq. Ft.
Location
- No
Deline Moscoso
Compass -- Raleigh
Wake
10075117
Average List Price
$264,967
127%
Average Sale Price
$262,633
127%
Days on Market
76
44%
Homes Sold
3
34%
Median List Price
$135,000
345%
Median Sale Price
$128,000
365%
Sale/Price Ratio
99%
0%
Homes for Sale
13
16%
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