Glenwood South Development
407-411 North Boylan Avenue Raleigh, NC 27603
407-411 North Boylan Avenue, Raleigh, NC, 27603
$1,699,000
For Sale
$1,699,000
Prime 0.26-acre site in Raleigh's vibrant Glenwood South district.
Property Size4,492 SF
Lot Size0.26 Acres
Price / SF$378.23
Days on Market149
Property Features for 407-411 North Boylan Avenue
General Information
- Standard status
- Active
- Size
- 4,492 SF
- Lot size
- 0.26 Acres
- Property subtype
- Land / Unimproved Land
Listing Agency
Compass
(310) 467-4740
Listed by
Martin Verdi · License #335125
(310) 467-4740
Source
Compass
Added: Feb 22 Updated: Jul 10 at 12:14 pm Checked: Jul 19 at 5:15 am
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
Investment Insights
Based on property information with market context.
This offering presents an exceptional development or renovation opportunity in the heart of Downtown Raleigh's Glenwood South neighborhood. The property comprises two adjacent parcels, 407 and 411 N. Boylan Ave, being sold together as a single listing. The combined site offers 0.26 acres, with each parcel contributing 0.13 acres. Currently, there are three existing dwellings on the lots, totaling approximately 4,492 square feet. Zoned OX-3, the site allows for a wide range of uses, including detached single-family homes, townhomes, condos, apartments, retail spaces, offices, or mixed-use developments combining commercial and residential elements. The parcels can be developed together or separately. The current zoning allows for a maximum building height of 3 stories. The site is subject to the NCOD overlay, which includes restrictions on roof pitch, setbacks, and similar design standards. Rezoning is possible and may allow for higher density or additional stories, as demonstrated by several surrounding properties. Utilities are available. The location benefits from high visibility, strong foot traffic, and walkable access to Raleigh's dining, nightlife, and entertainment options. All development potential is subject to final review and approval by surveyors, engineers, and the City of Raleigh.
Key Highlights
- Prime development/renovation opportunity in the highly desirable Glenwood South neighborhood of Downtown Raleigh.
- Two adjacent parcels totaling 0.26 acres, offering flexibility for development.
- Zoned OX‑3, allowing for a wide range of uses including residential, retail, office, or mixed‑use development.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Prime 0.26-acre site in Raleigh's vibrant Glenwood South district.
Where is this commercial land located?
The property is located at 407-411 North Boylan Avenue Raleigh, NC.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Prime development/renovation opportunity in the highly desirable Glenwood South neighborhood of Downtown Raleigh.; Two adjacent parcels totaling 0.26 acres, offering flexibility for development.; Zoned OX‑3, allowing for a wide range of uses including residential, retail, office, or mixed‑use development.
