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5416 Chapel Hill Road

Raleigh, NC 27606
  • $900,000
  • STATUS: Active
  • ON SITE: 35 Days
  • ID#: 10132330
UPDATED: 230 min ago
$900,000
  • 0
    BEDS
  • 0.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,970
    SQFT
  • $303
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Triangle MLS logoListing courtesy of Coldwell Banker HPW: .
© 2025 Doorify MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.

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.

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Triangle MLS logo©2025 Doorify MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2025-12-15T23:51:33.05.
www.trishlowegroup.com/homes/169794815
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5416 Chapel Hill Road Raleigh, NC 27606

  • Price: $900,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 230 min ago
  • ID#: 10132330
0
Beds
0
Baths
0
½ Baths
0.49
Acres
2,970
SQFT
$303
$/SQFT
1930
Built
Neighborhood:
Not In A Subdivision
County:
Wake
Area:
Raleigh
Property 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.
Exterior Features

Construction Materials Brick Pool Private YN No

Interior Features

Cooling YN Yes Heating YN Yes

Property Features

New Construction YN No Property Sub Type Mixed Use Special Listing Conditions Standard Structure Type None Tax Annual Amount 3150.4 Zoning NX-3



Triangle MLS logo©2025 Doorify MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2025-12-15T23:51:33.05.
 
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Trish Sweeney Lowe | Coldwell Banker HPW
1600 E. Franklin Street
Chapel Hill NC, 27514
Triangle MLS logoListing courtesy of Coldwell Banker HPW: .
© 2025 Doorify MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.