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Development Land Parcel with Assembly
For Sale
$198,000

1308 Joe Louis, Raleigh, NC 27610

Residential development land in Raleigh with the option to combine adjacent parcels for larger projects.

Property SizeContact for details
Days on Market79

Property Features for 1308 Joe Louis

General Information

Standard status Active
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $2,051
Listing Agency: REALTY ONE GROUP GREENER SIDE
Listed By: SANDY BALLESTEROS · License #351082
Source: Corcoran
Added: Jun 4 Changed: Aug 8 Last Checked: Jul 16 at 6:27AM

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 REALTY ONE GROUP GREENER SIDE

Investment Insights

Based on property information with market context.

This offering is a land parcel for sale in Raleigh, North Carolina, suited to residential development planning. The property is presented as a development opportunity for investors, builders, and developers looking to acquire a parcel inside city limits. The seller also notes the ability to combine this site with additional adjacent parcels owned by the same seller, creating an assemblage pathway for a larger-scale project.

The parcel is positioned within a high-growth area and is described as surrounded by ongoing development. It is presented as having convenient access to major roadways, along with proximity to local shopping and dining, all within the broader Raleigh market.

For buyers seeking land for new construction or a longer-term hold, the key consideration here is the flexibility to develop the parcel on its own or pursue an assembled site by coordinating with the seller regarding adjacent holdings. That combination concept may be especially useful for operators aiming to consolidate land for a larger residential plan, subject to their own due diligence on feasibility and development requirements.

Key Highlights

  • Residential development land within the city limits of Raleigh, NC
  • Option to combine with additional adjacent parcels owned by the same seller for a larger‑scale project assemblage
  • Located in a high‑growth corridor with ongoing development nearby

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Electrical Service Garden Center HVAC Service Kitchen & Bath Showroom Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

568
Businesses Nearby

Demographics for 27610, NC

75,164
Population
29,245
Households
2.6
Avg Household Size
34
Median Age
28%
College-Educated
86%
High-School Grad
45.2 sq mi
ZIP Area
1,663
Density / Sq Mi
$66,245
Median Household Income
$37,582
Median Earnings
$1,319
Median Rent
$260,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential development land in Raleigh with the option to combine adjacent parcels for larger projects.
Where is this residential land & home lot located?
The property is located at 1308 Joe Louis Raleigh, NC.
What is the asking price?
The asking price for this property is $198,000.
What are key features of this property?
This property features: Residential development land within the city limits of Raleigh, NC; Option to combine with additional adjacent parcels owned by the same seller for a larger‑scale project assemblage; Located in a high‑growth corridor with ongoing development nearby
More about this property
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