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Description Open House Details Location Market Trends Schools Recent Sales
$515,000 Est. $1,896 / mo.*

5416 Chapel Hill Road Raleigh , NC 27607

Courtesy of Coldwell Banker HPW, Marika La Sorsa.

Description

4 Beds
1 full, 1 half Baths
2,970 Sqft
21,344 Sqft lot
0.49 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1930
Neighborhood: Not In A Subdivision
🏗️ Prime Development Opportunity Near the Fairgrounds !Location, Location, Location! Seize this exceptional opportunity to acquire two adjacent parcels totaling 0.92 acres of highly valuable commercial land, strategically located with unbeatable proximity to the bustling Fairgrounds and the area's planned future development zones.This offering is ideal for developers, rehabbers, investors, and businesses looking to capitalize on a high-growth corridor.Key Investment Highlights: Total Acreage: 0.92 Acres 5416 Chapel Hill rd is .49 acres and 103 Gary St is.43acres Sold separately for $356K).Strategic Location: Direct adjacency and easy access to the Fairgrounds, making it perfect for supporting businesses, hospitality, or mixed-use development (subject to zoning approval).Development Ready: The value lies squarely in the land. Both existing structures are tear-downs, offering a clean slate for your vision. Demolition Quotes Available: We have secured preliminary demolition quotes for both houses to streamline your development timeline and provide immediate clarity on initial costs.

Open House

Property Details and Features

Basement
Basement:
"Exterior Entry", "Unfinished"
Bathrooms
1 full bathroom
1 half bathroom
1.5 total bathrooms
2 total bathrooms
Bedrooms
4 bedrooms
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Contact an Agent

919 380 8066

Location

$515,000 -
5416 Chapel Hill Road Raleigh , NC 27607
Subdivision Name: Not in a Subdivision

Street View

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