Valuable development location. Land values in area range from $200K to $400K per acre. Low list price reflects the risks involved. Before proceeding with any development concept, it is highly recommended buyers consult with development experts for property specific engineering and legal guidance. Property is zoned IX-3-PL on the front, CM on the rear. Residential use is allowed only with a multi-family development (more than 3 units) and only on 2nd and 3rd floors. Listing is the same as MLS# 2230512.

  • MLS# 2180099
  • Sub-Type Resale
  • Status Active
  • Days On Site 304
Zoning IX, CM
Acreage 4.41
Listing Provided By:
Nelson Paul  of  Nelson G. Paul Associates
 
 
 
 
 
this listing $50,000
88.30%
$427,500 in 27612
this listing 304 on site
744.44%
36 on site in 27612

Location

State NC
County Wake
City Raleigh
Zip Code 27612
Area 002 - Raleigh

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