5416 Chapel Hill Road, Raleigh, NC 27607
- Beds
- 4
- Baths
- 2
- Sqft
- 2,970
View property features, location on map, relevant school information and overview from seller's agent.
- 1
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Overview
🏗️ 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.
Location
Full feature list
Basic info
- Property type
- House
- Number of stories
- 2
- Number of bedrooms
- 4
- Number of bathrooms
- 2
- Square feet
- 2,970
- Lot size (acres)
- 0.49
- Year built
- 1930
Interior features
- Basement
- Yes, Unfinished
- Fireplaces
- 1
Utilities
- Heating
- Natural gas
- Cooling
- Window unit(s)
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2025)
- $3,150.40
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Triangle MLS MLS®#: 10141729 Last checked: …
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