Zoned Development Land with
For Sale
$975,000
2802 Milburnie Road, Raleigh, NC 27610
Land, Raleigh, NC
Property SizeContact for details
Lot Size1.63 Acres
Days on Market193
Property Features for 2802 Milburnie Road
General Information
Property type
Land
Property subtype
Other
Zoning
OX-5
Vegetation
Partially Wooded
Subdivision
Not in a Subdivision
Elementary school
Wake County Schools
Middle school
Wake County Schools
High school
Wake County Schools
Standard status
Active
APN
172417112424000 0016109
Lot size
1.63 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LO1 WAKEVIEW SQUARE & HEALTHYSITE RCMB BM2025-01643
Tax Annual Amount
3373
Legal Description
LO1 WAKEVIEW SQUARE & HEALTHYSITE RCMB BM2025-01643
Utilities
Utilities
Electricity Available
Sewer type
Private Sewer
Water source
Public
Listing Agency:
EXP Realty LLC
(888) 584-9431
Listed By:
Beth Martin
(919) 395-5193
Added: Feb 9
Changed: Aug 19
Last Checked: Aug 21 at 3:06PM
MLS# 10145535
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This development land totals approximately 1.63 acres and is zoned OX-5. The property comes with a preliminary site plan indicating flexibility for multifamily development or up to 10 townhomes. A recorded right-of-way is included to provide additional access from New Bern Avenue. The site also contains a natural area that may be used as community-oriented green space, such as a community garden or pocket park.
The property is located at 2802 Milburnie Road in Raleigh, Wake County, NC 27610. It sits near WakeMed Raleigh and is described as minutes from I-440, Downtown Raleigh, and the Crabtree Creek Trail. Public remarks also note that the New Bern Avenue Bus Rapid Transit (BRT) corridor is undergoing construction, which may support evolving connectivity in the area.
For buyers and developers, this tract offers a straightforward path to evaluate residential redevelopment under the OX-5 zoning framework, supported by an existing preliminary site plan. The recorded right-of-way and multi-options configuration can help shape site access and layout for either multifamily or a townhome plan. Seller financing is also available, providing an additional structure for underwriting and closing timelines.
The property is located at 2802 Milburnie Road in Raleigh, Wake County, NC 27610. It sits near WakeMed Raleigh and is described as minutes from I-440, Downtown Raleigh, and the Crabtree Creek Trail. Public remarks also note that the New Bern Avenue Bus Rapid Transit (BRT) corridor is undergoing construction, which may support evolving connectivity in the area.
For buyers and developers, this tract offers a straightforward path to evaluate residential redevelopment under the OX-5 zoning framework, supported by an existing preliminary site plan. The recorded right-of-way and multi-options configuration can help shape site access and layout for either multifamily or a townhome plan. Seller financing is also available, providing an additional structure for underwriting and closing timelines.
Key Highlights
- 1.634‑acre development site in the Raleigh corridor with public electricity and public water
- Zoned OX‑5 with a preliminary site plan for multifamily development or up to 10 townhomes
- Recorded right‑of‑way provides additional access from New Bern Avenue
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,682
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Zoned OX-5 development land with a preliminary plan supporting multifamily or up to 10 townhomes.
Where is this residential land & home lot located?
The property is located at 2802 Milburnie Road Raleigh, NC.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 1.634‑acre development site in the Raleigh corridor with public electricity and public water; Zoned OX‑5 with a preliminary site plan for multifamily development or up to 10 townhomes; Recorded right‑of‑way provides additional access from New Bern Avenue
