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    1401 Carnage Dr Raleigh, NC 27610

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    For Sale
    $240,000

    Residential lot in booming downtown Raleigh near Little Rock Greenway.

    Property Features for 1401 Carnage Dr

    General Information

    Standard status
    Active

    Source: DIVINE FOG REALTY COMPANY RALE Agent LORENA TREVINO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot in Downtown Raleigh

    This residential lot is situated in Downtown Raleigh, near the Little Rock Greenway trail and surrounded by luxury townhomes and major new developments. The property is zoned RX-3, which allows for single-family homes, duplexes, townhomes, and condos. Located in a fast-growing area with active construction and investment, this lot presents an opportunity in one of Raleigh's in-demand corridors. It is suitable for builders, investors, or future homeowners looking to build their vision.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm 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
    -78.6282369
    Latitude
    35.763743

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    FAQs

    What type of property is this?
    Land - Residential lot in booming downtown Raleigh near Little Rock Greenway.
    Where is this land located?
    The property is located at 1401 Carnage Dr Raleigh, NC.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: - Prime location in Downtown Raleigh near Little Rock Greenway trail.; - Zoned RX-3, allowing for single-family homes, duplexes, townhomes, and condos.; - Located in a fast-growing area with active construction and investment.
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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
    1401 Carnage Dr Raleigh, NC 27610
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