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Raleigh Land with Development Potential
For Sale
$2,400,000

408 Johnston Road, Raleigh, NC 27603

Land, Raleigh, NC

Property SizeContact for details
Lot Size10.00 Acres
Days on Market563

Property Features for 408 Johnston Road

General Information

Property type Land
Property subtype Other
Zoning HD
Subdivision Not In Subdivision
Lot features Pond on Lot, Open Lot
Elementary school Wiley
Middle school Wake County
High school Wake
Directions I-40 E, follow signs for Interstate 40 Take exit 312 for NC-42 toward Clayton/Fuquay-Varina 0.2 mi Take the ramp onto NC-42 W 410 ft Follow NC-42 W to Johnston Rd
Standard status Active
APN 161703308275000 0206701
Lot size 10.00 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Logr Pt Released from Johnston County
Tax Annual Amount 1836
Legal Description Logr Pt Released from Johnston County

Utilities

Utilities Water Available
Sewer type Septic Tank
Water source Public
Water front 1
Listing Agency: EXP Realty LLC - C
Listed By: Tammy Register · License #210961
Added: Apr 17, 2025 Changed: Aug 19 Last Checked: Oct 31 at 12:06AM
MLS# 100501768

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

Rey
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Investment Insights

Based on property information with market context.

This 10+/- acre parcel in Wake County is suitable for low-density residential, commercial, or special use permits. The land features a man-made pond and is surrounded by luxury neighborhoods. It is located less than 1/10 mile from 50/42 and less than 3 miles from I-40, offering quick access to the new 540 Triangle Expressway. The property boasts good soils and multiple perc sites. A mature wooded buffer provides privacy from Hwy 42. The site is located minutes away from a new Publix, top Wake County Public Schools, and only 15 minutes to downtown Raleigh. An old farmhouse, previously a hunting/fishing lodge, offers potential for a quick rehab. This property is ideal for homeowners seeking seclusion with city convenience, developers looking for residential or AirBnB potential, or commercial use. The zoning is HD.

Key Highlights

  • 10+\/- acre parcel in rapidly growing Wake County, NC.
  • Prime location: less than 3 miles from I‑40 and close to the new 540 Triangle Expressway, offering easy access to Raleigh.
  • Zoned HD: Suitable for low‑density residential, commercial, or special use permits.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Building Supply Restaurant Big Box & Wholesale Store Law Firm Auto Repair Shop Dental Office

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

29
Businesses Nearby

Demographics for 27603, NC

54,616
Population
24,030
Households
2.3
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
51.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$87,939
Median Household Income
$51,856
Median Earnings
$1,496
Median Rent
$347,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 10-acre parcel suitable for residential, commercial, or special use.
Where is this residential land & home lot located?
The property is located at 408 Johnston Road Raleigh, NC.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 10+\/- acre parcel in rapidly growing Wake County, NC.; Prime location: less than 3 miles from I‑40 and close to the new 540 Triangle Expressway, offering easy access to Raleigh.; Zoned HD: Suitable for low‑density residential, commercial, or special use permits.
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