$6,000,000
6.04
Acre Lot
263,102
Sqft Lot
Status
Active
Property Type
Unimproved Land
Price Type
Days on Website
233
Property Map
$6,000,000 – 611 Powell Drive, Raleigh, NC 27606
Street View
Courtesy of Northside Realty Inc., Audrey N Ray.
Description
PRIME Residential Development Opportunity! 6.04 acres currently zoned R-4 and located within a Transit Overlay District providing flexibility on minimum lot sizes. Minutes away from I440, I40 and US1 with easy access to RDU Airport, area colleges, NC State Fair Grounds and PNC Arena. Powell Dr. offers public water, sewer, Go Raleigh 11L Bus route, BikeRaleigh route, sidewalks and a short walk to Powell Park. New construction on Powell Dr. is ranging between $600 – $700K on lots .12 acres and less. Convenient to RTP, Cary, Morrisville, Apex, and Garner.
Property Details and Features
Property Access
- Road Frontage Type: “State Road”, “2 Lane Road”, “Public Road”
- Road Surface Type: “Paved”
Building
- Building Area Units: Square Feet
- Living Area Units: Square Feet
Listing
- Days On Market: 227
Location
- Subdivision Name: Not in a Subdivision
Lot
- Lot Features: “Sloped”
- Lot Size Acres: 6.04
- Lot Size Area: 6.04
- Lot Size Dimensions: 258 x 1020 x 258 x 1020
- Lot Size Square Feet: 263102.4
- Lot Size Units: Acres
Property
- Current Use: “Unimproved”, “Vacant”
- Property Sub Type: Unimproved Land
- Zoning: R-4
Schools
- High School: Wake County Schools
- Middle Or Junior School: Wake County Schools
- Elementary School: Wake County Schools
Sewer
- Sewer: “Public Sewer”, “Septic Tank”
Taxes
- Tax Annual Amount: 8342
Utilities
- Utilities: “Electricity Available”
- Water Source: “Public”, “Well”