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    306 E Hargett St Raleigh, NC 27601

    For Sale
    $1,100,000

    LAND - Raleigh, NC

    Lot size:
    0.11 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 306 E Hargett St

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Lot size
    0.11 Acres

    Coldwell Banker Howard Perry and Walston (919) 789-5200 [email protected]

    Listing agent Marika La Sorsa (919) 906-9560

    Listing date Oct 30, 2025

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Raleigh Development Opportunity

    This 0.11-acre commercial land lot presents a development opportunity in downtown Raleigh. Situated on East Hargett Street, the location is positioned for redevelopment and growth. The site, formerly occupied by a restaurant, will be cleared soon and ready for construction. This parcel is suited for a boutique retail, mixed-use, office, or dining concept designed to thrive in a high-density, urban environment. Downtown Raleigh's population has increased, attracting a young, educated demographic with an average individual income over $94,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    House of Art Bar St. Nick's Christmas ... Bar

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.634608
    Latitude
    35.777865

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land for sale in downtown Raleigh.
    Where is this commercial land located?
    The property is located at 306 E Hargett St Raleigh, NC.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Prime downtown Raleigh location on East Hargett Street.; - Cleared .11 acre lot ready for immediate construction.; - Ideal for boutique retail, mixed-use, office, or dining concepts.
    (919) 906-9560
    Request Owner's contact information
    306 E Hargett St Raleigh, NC 27601
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    Raleigh, NC 27601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    306 E Hargett St Raleigh, NC 27601
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