5416 Chapel Hill Road
$900,000
5416 Chapel Hill Road, Raleigh, NC 27606
2,970 sqft
Building Size
21,344 sqft
Lot Area
Details:
Highlights:
- Lot Dimension: perdeed
- Annual Tax: $ 3150.0
- Age: Over 50 Years Old
Description:
🏗️ Prime Development Opportunity Near the Fairgrounds !Location, Location, Location! Seize this exceptional opportunity to acquire two adjacent parcels totaling $0.99$ 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, investors, and businesses looking to capitalize on a high-growth corridor.Key Investment Highlights:Total Acreage: $0.99$ Acres (Comprised of 49 Gary St at $0.49$ acres and 103 Gary St at $0.50$ acres).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.
Listing ID: a7c562b2-e47f-446c-9ac6-b9c4787dac42
Location
Gallery