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Land in South Raleigh
For Sale
$50,000

2809 Banks, Raleigh, NC 27603

Large lot with subdivision potential in a growing city corridor.

Property SizeContact for details
Lot Size1.21 Acres
Days on Market196

Property Features for 2809 Banks

General Information

Standard status Active
Lot size 1.21 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $387

Amenities

Level
Split Possible
Listing Agency: COMPASS -- RALEIGH
Listed By: JACOB RYAN DE LEON · License #359406
Source: Corcoran
Added: Jan 28 Changed: Aug 8 Last Checked: Aug 12 at 7:59AM

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. The property delivers a blend of privacy and acreage. 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 connectivity for commuting and lifestyle. Downtown Raleigh's dining scene, food halls, and entertainment are approximately 15-20 minutes away.

Key Highlights

  • Potential for subdivision and future development.
  • Large lot with a semi‑rural feel offering privacy and acreage.
  • Convenient access to Holly Springs, Angier, Apex, and Raleigh.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Dental Office Law Firm (Bike/Boat/Book/etc) Store Barber Shop Computer & Electronic Repair Tanning Salon

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

503
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Large lot with subdivision potential in a growing city corridor.
Where is this land located?
The property is located at 2809 Banks Raleigh, NC.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Potential for subdivision and future development.; Large lot with a semi‑rural feel offering privacy and acreage.; Convenient access to Holly Springs, Angier, Apex, and Raleigh.
More about this property
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