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Vacant Residential Lot in Infill Area
For Sale
$285,000

1502 E Martin, Raleigh, NC 27610

Vacant R-4 lot near Downtown Raleigh offers a straightforward site for a future homesite or long-term hold.

Property Size7,405 SF
Lot Size0.17 Acres
Price / SF$38.49
Days on Market62

Property Features for 1502 E Martin

General Information

Standard status Active
Size 7,405 SF
Lot size 0.17 Acres
Property subtype Land or Vacant Lot
Zoning R-4

Taxes and HOA fees

Annual Taxes $2,278

Amenities

Many Trees
Listing Agency: RIGHT TIME REALTY
Listed By: KIMBERLY V WILLIAMS · License #197394
Source: Corcoran
Added: Jun 20 Changed: Aug 8 Last Checked: Jul 16 at 3:54AM

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 RIGHT TIME REALTY

Investment Insights

Based on property information with market context.

This listing presents a vacant residential lot suitable for future development. Public records indicate the lot is approximately 7,405 sq. ft. (0.17 acres). The property is classified with zoning listed as R-4. Buyers are responsible for confirming zoning, setbacks, utilities, road frontage, and intended use with the City of Raleigh and Wake County.

The site is located in an established East Raleigh area, described as being minutes from Downtown Raleigh. The property also has convenient access to E. Martin Street, New Bern Avenue, Poole Road, and I-440, supporting straightforward day-to-day access for a future project and for visitors during due diligence.

For buyers looking to secure land in an infill pocket, this lot offers a clean slate for planning. Its R-4 zoning listing makes it a candidate for residential use, with the next step being verification of feasibility items such as setbacks and utilities. Alternatively, it may fit an investor’s plan to hold land while monitoring development activity in the surrounding East Raleigh area, subject to the buyer’s own review of due diligence requirements.

Key Highlights

  • Vacant lot in Raleigh, listed as zoning R‑4
  • Approx. 7,405 sq. ft. (0.17 acres) per public records
  • Close to Downtown Raleigh with easy access to E. Martin Street, New Bern Avenue, Poole Road, and I‑440

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service Skin Care Clinic

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

602
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 - Vacant R-4 lot near Downtown Raleigh offers a straightforward site for a future homesite or long-term hold.
Where is this residential land & home lot located?
The property is located at 1502 E Martin Raleigh, NC.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Vacant lot in Raleigh, listed as zoning R‑4; Approx. 7,405 sq. ft. (0.17 acres) per public records; Close to Downtown Raleigh with easy access to E. Martin Street, New Bern Avenue, Poole Road, and I‑440
More about this property
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