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    6621&6617 Fayetteville Rd Raleigh, NC 27603

    For Sale
    $1,250,000

    LAND - Raleigh, NC

    Lot size:
    4.59 Acres
    Days on Market:
    115
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 6621&6617 Fayetteville Rd

    General Information

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

    Century 21 Triangle Group (919) 720-4217 [email protected]

    Listing agent Pamela Mundra (919) 306-2202

    Listing date Aug 14, 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

    Land on Highway 401 Frontage

    This property offers a significant opportunity with direct road frontage on the four-lane Highway 401. The property consists of two lots being sold together, totaling 4.59 acres. Traffic counts range from 20,000 to 34,999, according to NCDOT Average Annual Daily Traffic Count Mapping. The property is located beside a bowling alley, which is zoned Commercial Mixed Use. The seller will contract contingent upon rezoning.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.682306
    Latitude
    35.685626

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    FAQs

    What type of property is this?
    Commercial land - Two lots with highway frontage, rezoning potential near commercial zone.
    Where is this commercial land located?
    The property is located at 6621&6617 Fayetteville Rd Raleigh, NC.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Direct road frontage on 4-lane HWY 401; - High traffic count (20,000-34,999 AADT); - Two lots being sold together
    (919) 306-2202
    Request Owner's contact information
    6621&6617 Fayetteville Rd Raleigh, NC 27603
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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
    6621&6617 Fayetteville Rd Raleigh, NC 27603
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