Raleigh Land Suitable for
For Sale
$2,600,000
5525 Buffaloe Road, Raleigh, NC 27616
8.14 acres near I-540, ideal for daycare/senior living.
Property Size2,600 SF
Lot Size8.14 Acres
Price / SF$1,000
Days on Market585
Property Features for 5525 Buffaloe Road
General Information
Standard status
Active
Size
2,600 SF
Lot size
8.14 Acres
Property subtype
Lots/Land
Taxes and HOA fees
Annual Taxes
$4,998
Listing Agency:
J Bright Properties, Inc
Listed By:
Johnnie Bright · License #213849
(919) 621-7687
Source:
Exitrealty
Added: Feb 28, 2025
Changed: Sep 1
Last Checked: Sep 15 at 6:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J Bright Properties, Inc
Investment Insights
Based on property information with market context.
This 8.14-acre property is situated in an excellent location for a daycare, surrounded by single-family detached homes. It is located less than 2 miles from I-540 and less than 3 miles from Capital Blvd. The current zoning is R-1, and the current use is residential and a horse facility. The zoning allows for a Daycare, Senior Living, or Rest Home Facility as a 'Special Use' without rezoning. The property features a 2600 square foot home with multiple pastures, a horse barn, and other buildings suitable for a horse facility. The current zoning would allow for an additional homesite. It has 312 feet of road frontage on Buffaloe Road, with a traffic count of 13,000 vehicles per day. The property offers convenient access to restaurants, retail establishments, and multiple service-related businesses.
Key Highlights
- Zoning allows Daycare, Senior Living, or Rest Home as a 'Special Use' without rezoning.
- Excellent location for Daycare surrounded by single‑family homes.
- Convenient access to I540 and Capital Blvd.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
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Business Placement
Demographics for 27616, NC
56,941
Population
24,282
Households
2.3
Avg Household Size
34
Median Age
43%
College-Educated
91%
High-School Grad
22.5 sq mi
ZIP Area
2,531
Density / Sq Mi
$81,534
Median Household Income
$41,601
Median Earnings
$1,514
Median Rent
$314,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Land - 8.14 acres near I-540, ideal for daycare/senior living.
Where is this land located?
The property is located at 5525 Buffaloe Road Raleigh, NC.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Zoning allows Daycare, Senior Living, or Rest Home as a 'Special Use' without rezoning.; Excellent location for Daycare surrounded by single‑family homes.; Convenient access to I540 and Capital Blvd.
