Listing Agency: NGR Property Associates o***@aol.com Show Phone

Listed By: Onochie Okafor · License #190662 Show Phone

Source: Compass

Added: May 5 Changed: Aug 23 Last Checked: Aug 3 at 12:57PM

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Investment Insights

Based on property information with market context.

This prime parcel of land is available for purchase, presenting an opportunity for investors and developers. The property is intended for multi-family development. City of Raleigh engineering approval has been applied for and approval is expected soon.

Key Highlights

• Prime multi‑family parcel.
• Suitable for investors and developers.
• City of Raleigh engineering approval applied for.

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Travel Agency Tattoo & Piercing Shop Restaurant

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

581

Businesses Nearby

Explore this area Business Placement

Demographics for 27604, NC

46,076

Population

20,828

Households

2.2

Avg Household Size

36

Median Age

41%

College-Educated

89%

High-School Grad

19.1 sq mi

ZIP Area

2,412

Density / Sq Mi

$72,793

Median Household Income

$44,471

Median Earnings

$1,386

Median Rent

$293,100

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - Development land available for multi-family construction.

Where is this land located?

The property is located at 2309 Hill Street Raleigh, NC.

What is the asking price?

The asking price for this property is $299,900.

What are key features of this property?

This property features: Prime multi‑family parcel.; Suitable for investors and developers.; City of Raleigh engineering approval applied for.