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3206 Old Buffaloe Rd Raleigh, NC 27604

Sponsored
For Sale
$998,000

1.6 Acres, High Growth Area

Description

Added:
Feb 3, 2025
Days on Market:
355
This exceptional 1.6-acre commercial property at 3206 Old Buffaloe Road in Raleigh, NC, presents a unique investment opportunity for builders, developers, and investors. Currently featuring a 1028 square foot house leased month-to-month (allowing for immediate redevelopment), this site boasts significant potential. Its highly desirable location off Capital Boulevard places it within the area of influence of the City of Raleigh's Capital North Corridor Plan and Comprehensive Plan amendment, promising substantial future growth and development. The zoning permits a wide range of uses, including up to 81 residential units, 62,000 square feet of office space, or 26,000 square feet of retail space. This flexibility allows for diverse development strategies, catering to various market demands. The property's strategic location and zoning flexibility combine to create an unparalleled opportunity to capitalize on Raleigh's thriving commercial real estate market. The existing structure can be easily removed to accommodate a new development, maximizing the potential of this exceptional site. Don't miss this chance to secure a prime piece of Raleigh real estate poised for significant appreciation. The asking price is $998,000.

Property Features for 3206 Old Buffaloe Rd

General Information

Property type
Other commercial real estate
Lot Size
69,696 SF

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Listing Contact
Jaffar Al Haddad

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Property Insight Report

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Raleigh
County
Wake
State
North Carolina
Longitude
-78.58347
Latitude
35.82892

FAQs

What type of property is this?
Commercial real estate - 1.6 Acres, High Growth Area
Where is this commercial real estate located?
The property is located at 3206 Old Buffaloe Rd Raleigh, NC.
What is the asking price?
The asking price for this property is $998,000.
More about this property
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