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    219 Fairview Rd Raleigh, NC 27608

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    For Sale
    Contact for pricing

    1.01 acre assemblage in Raleigh's Five Points neighborhood.

    Property size:
    1 SF
    Lot size:
    1.01 Acres

    Property Features for 219 Fairview Rd

    General Information

    Size
    1 SF
    Lot size
    1.01 Acres

    Building Details

    Year built
    1975

    Source: Boss Poe, CCIM Agent Boss Poe, CCIM

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

    Overview

    Prime Mixed-Use Development Opportunity

    This seven-parcel assemblage on 1.01 acres presents a mixed-use development opportunity in Raleigh's Five Points neighborhood, positioned at the intersection of Bickett Boulevard and Fairview Road. The site is located minutes from Downtown Raleigh and is situated to capitalize on Raleigh’s urban revitalization. The zoning, NX-4, permits a range of uses, including multifamily or condominium development, retail, restaurant, and other commercial opportunities. Zoning conditions permit residential condominiums (not to exceed 48 units) and up to 20,000 square feet of retail space. The site is strategically located to leverage existing transportation infrastructure and proximity to affluent demographics. The surrounding neighborhood includes new high-end apartments, townhomes, and renovated single-family homes. The area is characterized by walkable, mature tree-lined streets and historic architecture, complemented by local parks, boutique shopping, diverse dining, and lively entertainment. The district provides an environment for retail, dining, and hospitality establishments.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -78.640236
    Latitude
    35.799601

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    FAQs

    What type of property is this?
    Land - 1.01 acre assemblage in Raleigh's Five Points neighborhood.
    Where is this land located?
    The property is located at 219 Fairview Rd Raleigh, NC.
    What are key features of this property?
    This property features: - Prime mixed-use development opportunity in Raleigh's coveted Five Points neighborhood.; - NX-4 zoning permits diverse uses: multifamily/condominiums, retail, restaurant, and commercial.; - Approved development allows up to 48 residential units and **20,000 SF of retail space**.
    (919) 868-0016
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    Raleigh, NC 27608
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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
    219 Fairview Rd Raleigh, NC 27608
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