Listing Agency: RICH REALTY GROUP m***@richrealtygroup.com Show Phone

Listed By: MARSHALL RICH · License #189551

Source: Corcoran

Added: Feb 25 Changed: Jul 6 Last Checked: Jul 23 at 8:51AM

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Investment Insights

Based on property information with market context.

This property, over a third of an acre, is situated in a highly desirable location. It has site plan approval with a current flood study. The site plan could potentially be modified with an additional flood study. The property has flood prone soils and will require a Zone 2 variance from NCDEQ for the Neuse River riparian buffer. This is a court ordered sale with a 10 day upset bid period.

Key Highlights

• Over a third of an acre in a highly desirable location.
• Site plan approval in place.
• Current flood study available.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Dental Office HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market

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

489

Businesses Nearby

Explore this area Business Placement

Demographics for 27608, NC

12,018

Population

5,589

Households

2.2

Avg Household Size

40

Median Age

82%

College-Educated

98%

High-School Grad

3.5 sq mi

ZIP Area

3,434

Density / Sq Mi

$155,433

Median Household Income

$89,190

Median Earnings

$1,487

Median Rent

$911,000

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Over a third acre in a highly desirable location.

Where is this commercial land located?

The property is located at 2309 Oxford Raleigh, NC.

What is the asking price?

The asking price for this property is $315,000.

What are key features of this property?

This property features: Over a third of an acre in a highly desirable location.; Site plan approval in place.; Current flood study available.