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    5101 Olde Rd S Raleigh, NC 27606

    Picture of Land at Olde Rd S 5101, Raleigh, NC
    For Sale
    $700,000

    LAND - Raleigh, NC

    Lot size:
    8.79 Acres
    Days on Market:
    222
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 5101 Olde Rd S

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Wooded
    Lot size
    8.79 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Tank
    Water source
    Well Needed

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

    Listing agent Jim Allen (919) 645-2114

    Listing date May 6, 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

    Raleigh Land Parcel For Sale

    This is an 8.79-acre land parcel located in Raleigh, North Carolina, approximately 10 minutes from Cary Town Center. A soil study has been performed. The seller is willing to subdivide Parcel A.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.712608
    Latitude
    35.71943

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    FAQs

    What type of property is this?
    Land - 8.79 acre parcel, 10 minutes from Cary Town Center.
    Where is this land located?
    The property is located at 5101 Olde Rd S Raleigh, NC.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Large 8.79-acre parcel offers ample space and potential.; - Conveniently located just 10 minutes from Cary Town Center.; - Seller is willing to subdivide Parcel A, providing flexible options.
    (919) 645-2114
    Request Owner's contact information
    5101 Olde Rd S Raleigh, NC 27606
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    Raleigh, NC 27606
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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
    5101 Olde Rd S Raleigh, NC 27606
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