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    10600 Glenwood Ave Raleigh, NC 27617

    For Sale
    $1,500,000

    9.47 acres for sale with frontage on U.S. Highway 70.

    Property size:
    9 SF
    Lot size:
    9.47 Acres

    Property Features for 10600 Glenwood Ave

    General Information

    Size
    9 SF
    Lot size
    9.47 Acres

    Source: Joaquin Canals Agent Joaquin Canals

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

    Overview

    9.47 Acres on Glenwood Avenue

    This 9.47-acre property is available for sale with frontage along U.S. Highway 70 and Glenwood Avenue. Located off Glenwood Avenue and U.S. Highway 70, the site is zoned CX-3-PK. City water and electricity are available on site. Traffic counts indicate 57,000 AADT on Glenwood Avenue. Primary uses for the property include flex, investment, multi-family, office, or retail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7917787
    Latitude
    35.9207943

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    FAQs

    What type of property is this?
    Land - 9.47 acres for sale with frontage on U.S. Highway 70.
    Where is this land located?
    The property is located at 10600 Glenwood Ave Raleigh, NC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - High traffic location with 57,000 AADT on Glenwood Avenue.; - Versatile CX-3-PK zoning allows for Flex, Investment, Multi-family, Office, or Retail primary uses.; - Large 9.47 Acre lot.
    (919) 247-8833
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    Raleigh, NC 27617
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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
    10600 Glenwood Ave Raleigh, NC 27617
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