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1501 Carolina Pines Ave Raleigh, NC 27603

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For Sale
$5,500,000

Prime development land near Downtown Raleigh, NC State University.

Lot size:
8.44 Acres

Property Features for 1501 Carolina Pines Ave

General Information

Standard status
Active
Lot size
8.44 Acres

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Listing Contact
Jonathan Edmiston
Jonathan Edmiston
Source: Corcoran

Listing Agency: HOMESMART EXPERT REALTY Listing Agent: Jonathan Edmiston

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

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Overview

Raleigh Development Opportunity: 8+ Acres

This offering presents a development opportunity encompassing five contiguous parcels located at 1501, 1511, and 1515 Carolina Pines Avenue, as well as 2109 and 2117 Lake Wheeler Road. The assemblage totals over 8 acres in a location near Downtown Raleigh, NC State University, and I-40. The property also benefits from proximity to the mixed-use growth along Lake Wheeler Road, providing visibility and accessibility for future development. This assemblage is suitable for residential, mixed-use, or commercial development, subject to zoning and city approval. The location benefits from demographic growth and proximity to employment, education, and entertainment hubs. This assemblage represents an opportunity to secure a large development footprint in a Raleigh location.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Raleigh
County
Wake
State
North Carolina
Longitude
-78.6657065
Latitude
35.7513249

FAQs

What type of property is this?
Commercial land - Prime development land near Downtown Raleigh, NC State University.
Where is this commercial land located?
The property is located at 1501 Carolina Pines Ave Raleigh, NC.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: - 8+ acre land assemblage in a prime Raleigh location.; - Rare development opportunity within city limits.; - Proximity to Downtown Raleigh, NC State University, and I-40.
More about this property
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