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3206 Old Buffaloe, Raleigh, NC, 27604
Prime Commercial Land Opportunity

3206 Old Buffaloe Raleigh, NC 27604

For Sale
$949,900

1.60 acre commercial property near Capital Blvd in Raleigh.

Property Size1,028 SF
Lot Size1.60 Acres
Price / SF$924.03
Days on Market142

Property Features for 3206 Old Buffaloe

General Information

Standard status
Active
Size
1,028 SF
Lot size
1.60 Acres
Property subtype
Commercial

Building Details

Year Built
1957
Listing Agency: BEST INVESTMENT REALTY
Listed By: JAFFAR SAFE AL HADDAD
Source: Corcoran
Added: Mar 3 Changed: Jul 6 Last Checked: Jul 23 at 8:36AM

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 Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Dental Office Computer & Electronic Repair Gym & Fitness Center Locksmith Plumbing Service Tech Support Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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 $949,900.
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.
More about this property
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