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Raleigh Land Parcel with Approved Plans
For Sale
$599,000

1011 Oberlin Road, Raleigh, NC 27605

LAND - Raleigh, NC

Lot Size0.23 Acres
Days on Market95

Property Features for 1011 Oberlin Road

General Information

Property type Land
Property subtype Other
Zoning R-10
Vegetation Grassed
Subdivision Not in a Subdivision
Elementary school Wake - Olds Elementary
Middle school Wake - Oberlin Middle
High school Wake - Needham Broughton High
Standard status Active
APN 170409056102000 0071734
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 1011 Oberlin Road
Tax Annual Amount 4444
Legal Description 1011 Oberlin Road

Utilities

Utilities Water Available
Sewer type Public Sewer
Water source Public
Listing Agency: Compass -- Cary
Listed By: Annette Holt · License #231450
Added: Apr 28 Changed: Jul 17 Last Checked: Jul 31 at 2:06AM
MLS# 10163240

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property presents a rare opportunity to acquire a parcel in a desirable Raleigh location. Approved plans for a four-unit building are available, along with prepared construction drawings. The site is suited for capitalizing on housing demand in the urban core. Preliminary work has been completed to accelerate development of boutique residences, investment holdings, or resale opportunities. The parcel also presents an opportunity for a single-family residence. The location is near the Village District, with access to shopping, dining, coffee shops, and fitness studios. Downtown Raleigh, Glenwood South, Five Points, NC State University, and commuter routes are nearby. The location is known for its walkability and enduring value. The lot size is 0.23 acres. The zoning is R-10.

Key Highlights

  • Approved plans and construction drawings included for a four‑unit building, accelerating development.
  • Premier location in a highly desirable and established Raleigh neighborhood.
  • Ideal for developers, investors, or buyers seeking a custom residential homesite.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Electrical Service Daycare Center Kitchen & Bath Showroom Storage Facility Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

776
Businesses Nearby

Demographics for 27605, NC

6,409
Population
4,377
Households
1.5
Avg Household Size
33
Median Age
73%
College-Educated
99%
High-School Grad
1.0 sq mi
ZIP Area
6,409
Density / Sq Mi
$63,267
Median Household Income
$47,765
Median Earnings
$1,577
Median Rent
$440,300
Median Home Value

Market

Properties on Market for Land in Raleigh

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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Premier parcel with approved plans in desirable Raleigh location.
Where is this land located?
The property is located at 1011 Oberlin Road Raleigh, NC.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Approved plans and construction drawings included for a four‑unit building, accelerating development.; Premier location in a highly desirable and established Raleigh neighborhood.; Ideal for developers, investors, or buyers seeking a custom residential homesite.
More about this property
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