Raleigh, NC Commercial Land for Sale

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Updated: Apr 13

Glenwood South Development Opportunity

407 & 411 N Boylan Avenue, Raleigh, NC 27603

$1,699,000

4,492 sqft 0.26 AC lot

Prime development/renovation opportunity in the heart of Downtown Raleigh's Glenwood South.
Two adjacent parcels (0.26 acres total) being sold together.
Zoned OX‑3, supporting a wide range of uses.
High visibility location with strong foot traffic and walkable access to dining, nightlife, and entertainment.
Utilities are available on site.

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Here's a quick look at some key insights for

407 & 411 N Boylan Avenue, Raleigh, NC 27603

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Est. Cap Rate

3.5%
NOI ÷ price
Est. NOI

$59K
Annual
Price @ 7% Cap

$847K
Suggested
Property Type

Triplex
Built 1922

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Updated: Mar 26

Commercial Land with Existing Building

6209 Litchford Road, Raleigh, NC 27615

$475,000

1,242 sqft 0.72 AC lot

0.72‑acre commercial parcel in Raleigh, NC
OX‑3 zoning designation
Flat, usable lot with road frontage
Existing 1,242‑square‑foot structure on site
Structure built in 1935 with vinyl siding

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Mixed-Use Zoned Development Land

3206 Old Buffaloe Road, Raleigh, NC 27604

$899,000

1,028 sqft 1.60 AC lot

1.6-acre commercial land in Raleigh zoned CX-3, with a leased 1,028 sq ft house on site.

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Prime Commercial Land Opportunity

3206 Old Buffaloe, Raleigh, NC 27604

$899,000

1,028 sqft 1.60 AC lot

1.60 acre commercial property near Capital Blvd in Raleigh.

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Commercial Development Land

11601 Forest Pines Drive, Raleigh, NC 27614

$1,400,000

5.09 AC lot

OX-3-PK zoning supports office-mixed-use development with access to Raleigh Water and utilities.

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Cleared Downtown Development Land Lot

306 E Hargett Street, Raleigh, NC 27601

$1,100,000

0.11 AC lot

Cleared 0.11-acre commercial land parcel at a street intersection in downtown Raleigh, ready for new construction.

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Prime Development Land in Raleigh

1501 Carolina Pines Avenue, Raleigh, NC 27603

$5,200,000

8.44 AC lot

8+ acres in a desirable location near Downtown Raleigh.

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Raleigh Commercial Land Opportunity

6209 Litchford, Raleigh, NC 27615

$475,000

1,242 sqft 0.72 AC lot

Versatile 0.72-acre commercial land with development potential in Raleigh.

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Raleigh Commercial Mixed-Use Opportunity

4900 Spring Forest Road, Raleigh, NC 27616

$1,130,000

1,144 sqft 1.55 AC lot

1.55-acre commercial lot in Raleigh, zoned CX-3.

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Neighborhood Mixed-Use Development Site

Raleigh, NC 27610

$1,250,000

2.50 AC lot

NX-3-zoned land supports ground-floor retail with residential units above.

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Redevelopment Opportunity Near Ravenscroft School

7212 Falls Of Neuse Rd, Raleigh, NC 27615

$610,000

1,750 sqft

Land with approved plans for a commercial building.

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TOD Zoning Redevelopment Land

3151 New Bern Avenue, Raleigh, NC 27610

$12,000,000

4.89 AC lot

Rezoned for CX-12-UG-CU (TOD), allowing mixed-use development up to 16–20 stories with up to 928 units.

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Prime Commercial Development Opportunity

4921 N Nc 42, Raleigh, NC 27603

$750,000

5.00 AC lot

5-acre commercial land for sale at signalized intersection.

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Sloping Commercial Development Land

7530 Fayetteville Rd, Raleigh, NC 27603

$4,797,000

6,102 sqft 12.30 AC lot

Commercial land with approximately 12.3 acres total and split usable areas east and west of drainage.

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High-Visibility Commercial Land

3824 New Bern Avenue & 3913 Frazier Drive, Raleigh, NC 27610

$775,000

Commercial mixed-use land zoned CX-5 with city water and sewer available in the New Bern ROW.

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Downtown Raleigh Commercial Development Opportunity

1250 South Person Street, Raleigh, NC 27601

$250,000

0.21 AC lot

Rare 10.21-acre commercial development site in Downtown Raleigh.

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Raleigh Development Opportunity: 8+ Acres

1501 Carolina Pines, Raleigh, NC 27603

$5,200,000

8.44 AC lot

Prime development land near Downtown Raleigh, NC State University.

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Raleigh Commercial Land Opportunity

4900 Spring Forest, Raleigh, Raleigh, NC 27616

$1,130,000

1,144 sqft 1.55 AC lot

1.55-acre commercial mixed-use land in a prime Raleigh location.

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Wooded Commercial Land

9804 Fayetteville Road, Raleigh, NC 27603

$190,000

Wooded commercial parcel along a four-lane divided highway beside a credit union.

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Downtown Raleigh Development Opportunity

306 E Hargett, Raleigh, NC 27601

$1,100,000

0.11 AC lot

Prime commercial land for development in downtown Raleigh.

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10 Acres Development Opportunity

8001 Caddy, Raleigh, NC 27603

$2,350,000

10.99 AC lot

10-acre parcel near Raleigh with development potential and pond.

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Mixed-Use Center Development Land

2200 E Garner Rd, Raleigh, NC 27610

Contact for pricing

15.50 AC lot

15.5-acre site in three parcels, zoned R2, designated Mixed Use Center for flexible residential and commercial development.

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Land Near Triangle Town Center

4060 Sumner Blvd, Raleigh, NC 27616

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1.19 AC lot

1.19 acres of commercial land near shopping centers.

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Raleigh Commercial Land Opportunity

11601 Forest Pines Drive, Raleigh, NC 27614

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5.09 AC lot

5.09 acres of commercial land in Raleigh, NC for sale.

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Raleigh, NC Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Raleigh, NC, showcased through 48 active listings on our real estate platform. These investment opportunities span a total of 7,855,618 square feet of properties for sale, with an estimated market value of $60,069,000.

Sale prices for commercial lots in Raleigh, NC start at $190,000, averaging $2,310,346, and reaching up to $12,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 560K

Population Growth (5Y) +2.6%

Median Household Income $90,224

College Educated 30.2%

High-Yield Neighborhoods for Investment

Identify Raleigh submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
27608	$315K
27615	$520K
27601	$743.8K
27604	$924.5K
27612	$975K

Taxes & Financing

Tax Rate (average for all types) 1.00%

Property Tax per SF $8.87 per SF

Tax Rate vs County Average 0.01 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Wake County

Residential Income

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