- Updated On:
- March 7, 2025
Priced for Quick Close! This prime 2.5-acre development opportunity in Raleigh, NC, offers incredible potential in a high-growth area.
Zoned R-4 with water and sewer on a neighboring site, the property provides multiple development possibilities, including single-family attached * detached homes, attached two-unit residences, student housing, or a unique tiny home community.
Given that this site is in FTO overlay district, various other by right options are available such as Townhomes, Cottage Courts, Apartments, etc. offering greater flexibility for development.
Located adjacent to R-6 zoning with nearby apartments, this site backs to NC State’s Centennial Campus, making it ideal for student or faculty housing. This strategic location allows for easy access to Avent Ferry and public transit, with quick connections to NC State, downtown Raleigh, and major highways.
With strong rental and resale demand in this rapidly growing corridor, and R-6 zoning next door presenting potential for rezoning or higher-density development, this property is an exceptional investment opportunity.
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