Raleigh, NC 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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Raleigh Land Investment Opportunity

711 Latta Street, Raleigh, NC 27607

$575,000

0.20 AC lot

Two lots near NC State, ideal for redevelopment or expansion.

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R-6 Residential Development Land

655-659 Sunnybrook Road, Raleigh, NC 27610

$1,300,000

4,143 sqft 2.50 AC lot

2.5-acre site zoned R-6 with public water and sewer, currently improved with two rented basement houses.

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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 Homesite Presale Opportunity

524 Barksdale Drive, Raleigh, NC 27604

$525,000

0.41 AC lot

Rare 0.41-acre homesite for custom build in Raleigh.

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Oversized Lot in North Ridge

6312 New Market Way, Raleigh, NC 27615

$850,000

0.68 AC lot

0.68 acre lot in desirable North Ridge neighborhood.

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Residential Development Lot

6312 New Market, Raleigh, NC 27615

$850,000

2,201 sqft 0.68 AC lot

Oversized, flat wooded homesite in an R-6 zone with 115-foot frontage and potential for two homesites.

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Two Adjacent Development Parcels

407 & 411 N Boylan Avenue, Raleigh, NC 27603

$1,699,000

0.26 AC lot

Two adjacent lots in downtown Raleigh offer development flexibility under OX-3 zoning with utilities available.

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Cleared Residential Homesite in R-6

107 Edenburgh Road, Raleigh, NC 27608

$479,000

0.26 AC lot

Cleared R-6 lot across from Carolina Country Club with public water and sewer and basement potential.

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Vacant Residential Lot in Infill Area

1502 E Martin, Raleigh, NC 27610

$285,000

7,405 sqft 0.17 AC lot

Vacant R-4 lot near Downtown Raleigh offers a straightforward site for a future homesite or long-term hold.

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Site-Approved Residential Development Land

831 / 835 Buck Jones Road Raleigh NC 27606, Raleigh, NC 27606

$550,000

4.05 AC lot

4.05-acre parcel is site plan approved for about five lots with R-6 zoning and includes rear frontage along Walnut Creek.

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Residential Development Land with Pond

408 Johnston Road, Raleigh, NC 27603

$2,400,000

10.00 AC lot

10+/- acre Wake County parcel featuring a man-made pond, wooded buffer, and an existing farmhouse for potential rehab.

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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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Raleigh Land Development Opportunity

3412 Rock Quarry Road, Raleigh, NC 27610

$750,000

2.11 AC lot

2.11 acres zoned R-6 near downtown Raleigh.

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Raleigh Industrial Land For Sale

2601 Spring Forest Road, Raleigh, NC 27616

$1,400,000

2 sqft 2.00 AC lot

Two-acre industrial land with easy highway access near Downtown Raleigh.

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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 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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Raleigh Land Parcel with Approved Plans

1011 Oberlin Road, Raleigh, NC 27605

$599,000

0.23 AC lot

Premier parcel with approved plans in desirable Raleigh location.

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Residential Development Opportunity in Raleigh

1306 Creech Road, Raleigh, NC 27610

$599,900

39 sqft

39.26 acres in Opportunity Zone, near downtown Raleigh.

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Raleigh Land with Detached Homes

4009 Virginia Street, Raleigh, NC 27610

$998,900

2.33 AC lot

2.33 acres with 5 homes near downtown Raleigh.

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Raleigh, NC Land Market Trends and Statistics

Explore 350 land for sale in Raleigh, NC, showcased through 350 active listings on our real estate platform. These investment opportunities span a total of 31,466,750 square feet of properties for sale, with an estimated market value of $225,502,864.

Sale prices for lots in Raleigh, NC start at $49,999, averaging $725,089, 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
27604	$288.8K
27613	$345K
27616	$569.3K
27605	$599K
27615	$599.6K

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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