Downtown Raleigh Commercial Development
For Sale
$250,000
1250 South Person Street, Raleigh, NC 27601
Rare 10.21-acre commercial development site in Downtown Raleigh.
Property SizeContact for details
Lot Size0.21 Acres
Days on Market150
Property Features for 1250 South Person Street
General Information
Standard status
Active
Lot size
0.21 Acres
Property subtype
Land
Listing Agency:
(919) 831-8238
Listed By:
Tiffany Hilburn
(919) 831-8238
Source:
Cbre
Added: Mar 25
Changed: Aug 7
Last Checked: Aug 20 at 10:29AM
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 Tiffany Hilburn
Investment Insights
Based on property information with market context.
This commercial development opportunity consists of approximately 10.21 acres in Downtown Raleigh. The site is located 0.5 miles from the signalized intersection of Martin Luther King Jr. Boulevard, which sees 21,500 vehicles per day, and S. Wilmington Street, which sees 10,000 vehicles per day. The property is located within The Grey, a nearly sold-out, 100-unit condo community built by Stanley Martin Homes.
Key Highlights
- Rare 0.21‑acre commercial development opportunity in Downtown Raleigh.
- Located within The Grey, a nearly sold‑out 100‑unit condo community.
- Proximity to Martin Luther King Jr. Boulevard (21,500 VPD).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
Explore this area
Business Placement
Demographics for 27601, NC
9,965
Population
4,874
Households
2
Avg Household Size
32
Median Age
49%
College-Educated
88%
High-School Grad
1.8 sq mi
ZIP Area
5,536
Density / Sq Mi
$70,433
Median Household Income
$51,443
Median Earnings
$1,499
Median Rent
$572,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Rare 10.21-acre commercial development site in Downtown Raleigh.
Where is this commercial land located?
The property is located at 1250 South Person Street Raleigh, NC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Rare 0.21‑acre commercial development opportunity in Downtown Raleigh.; Located within The Grey, a nearly sold‑out 100‑unit condo community.; Proximity to Martin Luther King Jr. Boulevard (21,500 VPD).
