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Raleigh Land Development Opportunity
For Sale
$1,899,990

Fields Drive, Raleigh, NC 27603

LAND - Raleigh, NC

Property SizeContact for details
Lot Size10.00 Acres
Days on Market181

Property Features for Fields Drive

General Information

Property type Land
Property subtype Other
Zoning R2
Vegetation Wooded
Subdivision Lakeside Estates
Elementary school Wake County Schools
Middle school Wake County Schools
High school Wake County Schools
Standard status Active
APN 0699275259
Lot size 10.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 24 Lots in Lakeside Estates, as shown in Book of Maps 1967, Page 72. See Exhibit A for all PINs
Tax Annual Amount 11698
Legal Description 24 Lots in Lakeside Estates, as shown in Book of Maps 1967, Page 72. See Exhibit A for all PINs
Listing Agency: The Prosperous Agency
Listed By: Mihai Mocanu
Added: Feb 21 Changed: May 29 Last Checked: Aug 21 at 5:06PM
MLS# 10148286

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

Investment Insights

Based on property information with market context.

This is a development opportunity featuring approximately 10 acres of land with 24 recorded lots, situated in a prime Raleigh/Garner location near Costco. Located along the rapidly growing Raleigh-Garner corridor in Wake County, within the Town of Garner jurisdiction, the site provides direct access to I-40 and the future I-540 outer loop. The property is near the established McCullers Walk subdivision, with convenient access to Downtown Raleigh, approximately 10 miles away, and major retail anchors, including Costco and surrounding shopping centers. The property consists of 24 recorded lots across approximately 10 acres, currently zoned R2. A minimum of 2 of the 24 recorded lots could be purchased separately for $97,500 per lot, or a total of $195,000 for two lots. The site presents multiple development pathways, including a traditional residential subdivision or alternative layout. Sanitary sewer infrastructure is located along the southern boundary of the property. Water and other utilities are available in the area. The surrounding area continues to experience strong residential growth, with increasing demand for new construction housing in this corridor.

Key Highlights

  • Prime location in the rapidly growing Raleigh/Garner corridor, near Costco and major retail.
  • Development opportunity with 24 recorded lots on approximately 10 acres.
  • Direct access to I‑40 and the future I‑540 outer loop.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

250
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 10-acre land package with 24 recorded lots near Costco.
Where is this residential land & home lot located?
The property is located at Fields Drive Raleigh, NC.
What is the asking price?
The asking price for this property is $1,899,990.
What are key features of this property?
This property features: Prime location in the rapidly growing Raleigh/Garner corridor, near Costco and major retail.; Development opportunity with 24 recorded lots on approximately 10 acres.; Direct access to I‑40 and the future I‑540 outer loop.
More about this property
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