611 & 613 Powell Drive, Raleigh NC 27606

$ 6,000,000
611 & 613 Powell Drive, Raleigh NC 27606, ,

Overview

  • Updated On:
  • February 18, 2025
  • Updated On:
  • February 18, 2025

One of the LAST large parcels in downtown RALEIGH! Don’t miss your chance to own over 6 acres of property inside the I-40 belt line. Build your own private secluded home or develop into a multiple homesites.

Zoned R4 with ability to build Single Family Homes or 2 townhomes with a 65′ width minimum under the conventional development option, see Raleigh UDO for minimum lot requirements. Raleigh UDO: https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance
The lot being sold is approximately 985ft x 252ft.

The property is minutes from Cary, Apex, Garner, Durham, Morrisville, NC State, Bus lines, shopping, restaurants, and entertainment. New SFH in the area selling for around $950k.

Homes are of no value and both parcels of 611 and 613 Powell will only be sold together.

Cameras onsite, please do not walk property without an appointment.

Address: 611 & 613 Powell Drive, Raleigh NC 27606
City:
State/County:
Zip: 27606
Country: US
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Property Id : 1106004
Price: $ 6,000,000
Property Lot Size: 6 ft2
Listed By: Kathryn Michelle MacKinnon
List Office Name: Better Homes & Gardens Real Es
DOM: 17
ElementarySchool: Wake County Schools
HighSchool: Wake County Schools
LotFeatures: City Lot,Gentle Sloping,Hardwood Trees,Near Public Transit,Partially Cleared,Split Possible,See Remarks
LotSizeArea: 6.05
LotSizeSquareFeet: 263538
Other Features
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$ 30,763.19
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 23,263.19

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