517 Buck Jones Road, Raleigh NC 27606

$ 3,338,900
517 Buck Jones Road, Raleigh NC 27606, ,

Overview

  • Updated On:
  • December 17, 2024
  • Updated On:
  • December 17, 2024

Prime Development Opportunity in the Heart of Raleigh!

Unmatched potential awaits at 517 Buck Jones Road, featuring an already approved Administrative Site Review (ASR) for a 64-unit multifamily development. Alternatively, the property allows for a transition to a 54-unit townhome community with a minor modification to the existing plan—an option that aligns with the growing demand for flexible housing solutions.

Situated in a highly sought-after location, this property offers exceptional accessibility—just 5 minutes to I-440, I-40, Fenton, NC State University, Downtown Cary, and the State Fairgrounds. Its prime position at the nexus of Raleigh’s growth makes it an unparalleled investment opportunity in one of the fastest-growing markets in the Triangle.

Whether you envision building modern multifamily units or a vibrant townhome community, this site provides the canvas for your development goals. The existing ASR approval and its strategic location reduce development hurdles, giving you a head start on a high-impact project.

Seize this rare opportunity to bring your vision to life and shape Raleigh’s booming real estate landscape.

***Please submit all Highest and Best Offer by 12/20/24
by 5PM***

Address: 517 Buck Jones Road, Raleigh NC 27606
City:
State/County:
Zip: 27606
Country: US
Open In Google Maps
Property Id : 1031839
Price: $ 3,338,900
Property Lot Size: 5 ft2
Listed By: Charles Santos
List Office Name: Keller Williams Preferred Realty
DOM: 3
ElementarySchool: Wake - Adams
HighSchool: Wake - Athens Dr
LotSizeArea: 4.84
LotSizeSquareFeet: 210830.4
Other Features
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$ 17,119.20
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 12,945.58

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Lacee Harris