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    1422 Carnage Dr Raleigh, NC 27610

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    For Sale
    $450,000

    Versatile lot zoned RX, ideal for investors and developers.

    Property size:
    957 SF
    Lot size:
    0.23 Acres

    Property Features for 1422 Carnage Dr

    General Information

    Standard status
    Active
    Size
    957 SF
    Lot size
    0.23 Acres

    Building Details

    Year built
    1959

    Source: REAL BROKER, LLC Agent TIFFANY BAIR

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

    Overview

    Mixed-Use Property Near Downtown Raleigh

    This mixed-use property is located minutes from Downtown Raleigh. Zoned RX, the lot is suited for investors, builders, or developers. It is positioned for rental income and redevelopment. The property is located in a fast-growing area with new development, offering walkability and access to transit, shopping, and dining. The property is a strategic piece of real estate in one of Raleigh's urban corridors. The property size is 957 square feet. Buyers are advised to verify zoning and permitted uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6289773
    Latitude
    35.7626646

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    FAQs

    What type of property is this?
    Commercial land - Versatile lot zoned RX, ideal for investors and developers.
    Where is this commercial land located?
    The property is located at 1422 Carnage Dr Raleigh, NC.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Prime location minutes from Downtown Raleigh.; - Zoned RX, offering versatile development potential.; - Ideal for investors, builders, or developers.
    (919) 348-2585
    Request Owner's contact information
    1422 Carnage Dr Raleigh, NC 27610
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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
    1422 Carnage Dr Raleigh, NC 27610
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