525 Maywood Ave - Commercial LAND FOR SALE


Raleigh, NC 27603 4,792 SF
$350,000 USD
919-271-1021
525 Maywood Ave, Raleigh, NC for Sale
$350,000 USD
Commercial LAND - FOR SALE
1/11
4,792 SF

525 Maywood Ave
Raleigh, NC 27603


HIGHLIGHTS

  • Ready to Build
  • Curb and gutter, sidewalks, paved alley access with curb cut and driveway apron
  • All underground utilities installed (4 gang water meters, 6" fire line, 6" sewer line, underground electric & gas & cable
  • Skyline views

OVERVIEW

Rare opportunity to purchase one or two multi-unit sites in one of the hottest development areas in Downtown Raleigh. 525 & 627 Maywood are available separately or as a package. Being nearly identical, there may be permitting and construction efficiencies if both lots are purchased together. Located on each corner of the charming Caraleigh Commons neighborhood in Downtown South, these lots are ready to build out and zoned for 4-6 condominiums. All site improvements and underground utilities are already installed for 4 unit townhouse style condos. Potential exists for up-zoning for up to 12 condos each with skyline views or down zoned to 2 SFH lots each. The development includes a greenspace, a greenway connection and easy access to Dix Park, Farmers Market, and the upcoming Downtown South Development. Broker owned

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/ACRE

$3,181,553/AC

PRICE/SF

$73 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Caraleigh Commons Townhouse Lot

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.11 AC

LAND SF

4,792 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

PD

APN/PARCEL ID

1703.17-22-4030-0443247

ASK ABOUT THIS PROPERTY

Richard JohnsonCitySpaceMore Info
919-271-1021

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Richard JohnsonCitySpaceMore Info
919-271-1021

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.