11601 Forest Pines Drive Raleigh, NC 27614

Listing agency Century 21 Triangle Group s***@century21.com Show Phone

Listed by Kelly Carraway · License #NC 268210 Show Phone

Added: Feb 26 Updated: May 19 at 5:10PM Checked: Jul 22 at 8:06AM

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MLS# 10148919

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Investment Insights

Based on property information with market context.

This 5.09-acre commercial site in Raleigh, Wake County, North Carolina, presents a development opportunity with high visibility. The property is situated across from an elementary school and surrounded by residential subdivisions, offering a built-in customer base. The location benefits from high traffic and proximity to local schools and residential areas. Currently zoned OX-3-PK (Office Mixed Use), the site allows for a variety of professional and community-service possibilities. Raleigh Water and Utilities are accessible. Permissible uses under the Office Mixed Use (OX) district include medical offices, which are fully permissible. A day care center is a high-demand limited use, ideally positioned for the neighborhood and school traffic. Retail and pharmacy uses are opportunistic limited uses that can serve the daily needs of nearby residents, subject to Raleigh UDO requirements. The site is currently approved for up to 3 stories, with the potential for rezoning to increase density and height through the City of Raleigh Rezoning Process. A Site Investigation Report is available upon request.

Key Highlights

• Prime commercial site with unparalleled visibility in a high‑traffic area.
• Located directly across from a bustling elementary school and surrounded by established residential subdivisions.
• Flexible OX‑3‑PK (Office Mixed Use) zoning allows for a variety of professional and community‑service possibilities.

Property Analytics

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FAQs

What type of property is this?

Commercial land - 5.09 acres in Raleigh, NC, prime for development.

Where is this commercial land located?

The property is located at 11601 Forest Pines Drive Raleigh, NC.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Prime commercial site with unparalleled visibility in a high‑traffic area.; Located directly across from a bustling elementary school and surrounded by established residential subdivisions.; Flexible OX‑3‑PK (Office Mixed Use) zoning allows for a variety of professional and community‑service possibilities.