Raleigh Land Subdivision
For Sale
$700,000
2805 Banks Road, Raleigh, NC 27603
LAND - Raleigh, NC
Property SizeContact for details
Lot Size8.08 Acres
Days on Market205
Property Features for 2805 Banks Road
General Information
Property type
Land
Property subtype
Other
Zoning
R-30
Vegetation
Partially Wooded
Fencing
Chain Link
Subdivision
Not in a Subdivision
Lot features
Level, Split Possible
Elementary school
Wake - Vance Elementary
Middle school
Wake - North Garner Middle
High school
Wake - Garner High
Standard status
Active
APN
069801467304000 0081622
Lot size
8.08 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Banks Ld & Other
Tax Annual Amount
2461
Legal Description
Banks Ld & Other
Utilities
Utilities
Electricity Available
Sewer type
Perc Test Required, Septic Tank
Water source
Well
Listing Agency:
Compass -- Raleigh
(919) 726-6548
Listed By:
Jacob Ryan de Leon · License #359406
(919) 282-4015
Added: Jan 28
Changed: Aug 10
Last Checked: Aug 21 at 12:06PM
MLS# 10143464
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.
Located on Banks Rd in South Raleigh, this 8.08-acre property offers potential for subdivision, presenting a valuable opportunity for future development. It provides a blend of privacy, acreage, and long-term value in a growing corridor of the city. The lot has a semi-rural feel, delivering peace and flexibility, while remaining 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.
Key Highlights
- Chain‑link fencing on the property
- Water source is a well
- Sewer: septic tank; perc test required
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
28
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Large lot in South Raleigh with subdivision potential.
Where is this residential land & home lot located?
The property is located at 2805 Banks Road 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: Chain‑link fencing on the property; Water source is a well; Sewer: septic tank; perc test required
