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Commercial Land Near Hospital
For Sale
Contact for pricing
Pending

2941 New Bern Avenue, Raleigh, NC 27610

Existing improvements may be removed to support new construction under more recent zoning.

Property SizeContact for details
Days on Market144

Property Features for 2941 New Bern Avenue

General Information

Standard status Pending
Property subtype Office, Special Purpose, Mixed Use
Listing Agency: Keaton Barrow Realty
Listed By: Michelle Keaton-Barrow · License #NC124745
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 9:35AM

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 Keaton Barrow Realty

Investment Insights

Based on property information with market context.

This commercial land parcel includes an existing structure that can be removed, allowing a new building to be developed under more recent zoning. The property carries a New Bern Avenue address and is positioned across from Wake Medical Hospital.

Access is available from 440, with downtown Raleigh described as only minutes away. The site’s existing conditions and location provide a basis for evaluating new commercial construction, subject to applicable zoning and development requirements.

Key Highlights

  • Commercial land with an existing structure that can be removed
  • Directly across from Wake Medical Hospital
  • Easy access from 440

Property Analytics

Current Use

Muhammad Study Group ... Church

Suggested Use

Top Pick Law Firm HVAC Service Big Box & Wholesale Store Real Estate Agency Spa & Massage Center Building Supply

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

1,682
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Existing improvements may be removed to support new construction under more recent zoning.
Where is this commercial land located?
The property is located at 2941 New Bern Avenue Raleigh, NC.
What are key features of this property?
This property features: Commercial land with an existing structure that can be removed; Directly across from Wake Medical Hospital; Easy access from 440
(919) 271-8241 Call to check price and availability
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