Church and Development
For Sale
$1,650,000
1110 Holmes St & 557 Bragg St, Raleigh, NC 27601
Opportunity Zone church parcel suited for multifamily redevelopment near John Chavis Memorial Park.
Property SizeContact for details
Days on Market48
Property Features for 1110 Holmes St & 557 Bragg St
General Information
Standard status
Active
Property subtype
Land
Building Details
Year Built
1977
Listing Agency:
(919) 819-9223
Listed By:
Derek Mangum · License #NC #243683
(919) 819-9223
Source:
Maverickpartners
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 8 at 3:40PM
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 Derek Mangum
Investment Insights
Based on property information with market context.
The offering is a 2.43-acre parcel that includes a 7,527-square-foot church, presented for for-sale redevelopment as a multi-family development site. The property is located within an Opportunity Zone, and the existing church improvement provides an on-site structure alongside the available development land.
The site is described as just minutes from Downtown Raleigh and within convenient proximity to the newly revamped 29-acre John Chavis Memorial Park. It is also positioned near the Fayetteville Street and Moore Square districts, with the surrounding area noted as a mix of new residential development and single-family activity.
This property may fit buyers and development teams looking for an urban infill land holding with an existing religious facility on site, in an Opportunity Zone context. As always, planning and permitting requirements, site constraints, and redevelopment approach should be confirmed during due diligence to determine the best path for the intended multi-family use.
The site is described as just minutes from Downtown Raleigh and within convenient proximity to the newly revamped 29-acre John Chavis Memorial Park. It is also positioned near the Fayetteville Street and Moore Square districts, with the surrounding area noted as a mix of new residential development and single-family activity.
This property may fit buyers and development teams looking for an urban infill land holding with an existing religious facility on site, in an Opportunity Zone context. As always, planning and permitting requirements, site constraints, and redevelopment approach should be confirmed during due diligence to determine the best path for the intended multi-family use.
Key Highlights
- 2.43‑acre parcel with a 7,527 SF church building (built 1977)
- Opportunity Zone property suited for multi‑family redevelopment
- Located minutes from downtown Raleigh
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
411
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Church & religious facility - Opportunity Zone church parcel suited for multifamily redevelopment near John Chavis Memorial Park.
Where is this church & religious facility located?
The property is located at 1110 Holmes St & 557 Bragg St Raleigh, NC.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 2.43‑acre parcel with a 7,527 SF church building (built 1977); Opportunity Zone property suited for multi‑family redevelopment; Located minutes from downtown Raleigh
