Prime Commercial Land
For Sale
$899,000
3206 Old Buffaloe, Raleigh, NC 27604
1.60 acre commercial property near Capital Blvd in Raleigh.
Property Size1,028 SF
Lot Size1.60 Acres
Price / SF$874.51
Days on Market172
Property Features for 3206 Old Buffaloe
General Information
Standard status
Active
Size
1,028 SF
Lot size
1.60 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$6,628
Building Details
Year Built
1957
Listing Agency:
BEST INVESTMENT REALTY
(919) 931-7475
Listed By:
JAFFAR SAFE AL HADDAD
Source:
Corcoran
Added: Mar 3
Changed: Aug 20
Last Checked: Aug 21 at 9:03AM
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 BEST INVESTMENT REALTY
Investment Insights
Based on property information with market context.
This 1.60-acre commercially mixed-use zoned property (CX-3-GR) presents a rare commercial opportunity for builders, investors, and developers. The location is highly coveted, situated off Capital Blvd. Currently, the land includes a 1028 square foot house that is leased, which can be demolished to accommodate new development. The City of Raleigh has adopted The Capital North Corridor Plan, with a Comprehensive Plan amendment calling for major investments on Capital Boulevard between I-440 and I-540. This property is within the area of influence, expected to provide a positive impact. Zoning allows for up to 81 units, 62,000 square feet of office space, or 26,000 square feet of retail space. The possibilities are endless.
Key Highlights
- 1.60 acre commercially zoned (CX‑3‑GR) property with many possibilities.
- Located off of highly coveted Capital Blvd.
- Zoning allows for high‑density development: up to 81 units, 62,000 sq ft office, or 26,000 sq ft retail.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
667
Businesses Nearby
Explore this area
Business Placement
Demographics for 27604, NC
46,076
Population
20,828
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
89%
High-School Grad
19.1 sq mi
ZIP Area
2,412
Density / Sq Mi
$72,793
Median Household Income
$44,471
Median Earnings
$1,386
Median Rent
$293,100
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?
Commercial land - 1.60 acre commercial property near Capital Blvd in Raleigh.
Where is this commercial land located?
The property is located at 3206 Old Buffaloe Raleigh, NC.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 1.60 acre commercially zoned (CX‑3‑GR) property with many possibilities.; Located off of highly coveted Capital Blvd.; Zoning allows for high‑density development: up to 81 units, 62,000 sq ft office, or 26,000 sq ft retail.
