Listing Agency: Foundry Commercial Raleigh

Listed By: Sarah Godwin · License #270966 Show Phone

Source: Crexi

Added: Apr 12 Changed: Sep 2 Last Checked: Sep 1 at 10:31AM

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Investment Insights

Based on property information with market context.

Approximately 66 acres of commercial land are included within Olde Towne, a 515-acre mixed-use, master-planned community. The property is addressed at 2230, 2260 and 2221 S New Hope Rd in Raleigh, North Carolina.

The site is positioned 6 miles east of downtown Raleigh and is located within the Raleigh submarket.

Key Highlights

• Approximately 66 acres of commercial land
• Within Olde Towne, a 515‑acre mixed‑use, master‑planned community
• Located 6 miles east of downtown Raleigh

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Hair Salon Building Supply

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

110

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Commercial land - Development acreage forms part of a mixed-use community east of downtown Raleigh.

Where is this commercial land located?

The property is located at 2230 2260 & 2221 S New Hope Rd Raleigh, NC.

What are key features of this property?

This property features: Approximately 66 acres of commercial land; Within Olde Towne, a 515‑acre mixed‑use, master‑planned community; Located 6 miles east of downtown Raleigh