Land on Banks Rd,
For Sale
$700,000
2805 Banks, Raleigh, NC 27603
Land offers potential for subdivision and future development.
Property SizeContact for details
Lot Size8.08 Acres
Days on Market196
Property Features for 2805 Banks
General Information
Standard status
Active
Lot size
8.08 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$2,461
Amenities
Level
Split Possible
Listing Agency:
COMPASS -- RALEIGH
(919) 726-6548
Listed By:
JACOB RYAN DE LEON · License #359406
Source:
Corcoran
Added: Jan 28
Changed: Aug 8
Last Checked: Aug 12 at 7:34AM
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 COMPASS -- RALEIGH
Investment Insights
Based on property information with market context.
Located on Banks Rd in South Raleigh, this property offers potential for subdivision, presenting a valuable opportunity for future development, while still providing a rare blend of privacy, acreage, and long-term value in a growing corridor of the city. Set on a large lot with a semi-rural feel, it delivers the peace and flexibility today's buyers seek, yet remains just minutes from everyday conveniences and vibrant city life. Grocery and retail options including Harris Teeter, Food Lion, Wegmans, and Costco are nearby, along with additional shopping and services along Fayetteville Rd (US-401). The location allows for easy access to Holly Springs, Angier, Apex, and Raleigh, creating seamless connectivity for both commuting and lifestyle. Downtown Raleigh's dining scene, food halls, and entertainment are approximately 15-20 minutes away, offering everything from casual favorites to elevated, upscale experiences.
Key Highlights
- Potential for subdivision and future development.
- Large lot size offering privacy and acreage.
- Convenient access to Raleigh, Holly Springs, Angier, and Apex.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
Explore this area
Business Placement
Demographics for 27603, NC
54,616
Population
24,030
Households
2.3
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
51.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$87,939
Median Household Income
$51,856
Median Earnings
$1,496
Median Rent
$347,000
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - Land offers potential for subdivision and future development.
Where is this land located?
The property is located at 2805 Banks Raleigh, NC.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Potential for subdivision and future development.; Large lot size offering privacy and acreage.; Convenient access to Raleigh, Holly Springs, Angier, and Apex.
