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    4100 Reavis Rd Raleigh, NC 27606

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    For Sale
    $133,500

    Six approved lots near NC State, ideal for development.

    Lot size:
    0.41 Acres

    Property Features for 4100 Reavis Rd

    General Information

    Standard status
    Active
    Lot size
    0.41 Acres

    Source: ELM PARTNERS Agent MATTHEW TOMASULO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Approved Lots Near NC State

    Six fee simple lots are available as part of a fully approved 6-lot subdivision by the City of Raleigh. Each lot features a buildable area of 18 feet wide by 60 feet deep. A shared drive is approved along the Western property line. All six lots must be sold together. The maximum square footage allowed for the primary structure is 1200 square feet, with an additional 450 square feet for an accessory structure or garage. Located across from the West side of NC State's campus, these lots present an opportunity for starter homes or rentals. A current duplex lease ends on 10/31/25, allowing for demolition and construction to begin on 11/1/25.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6941376
    Latitude
    35.7857996

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    FAQs

    What type of property is this?
    Residential land & home lot - Six approved lots near NC State, ideal for development.
    Where is this residential land & home lot located?
    The property is located at 4100 Reavis Rd Raleigh, NC.
    What is the asking price?
    The asking price for this property is $133,500.
    What are key features of this property?
    This property features: - Fully approved 6-lot subdivision by the City of Raleigh.; - Located directly across from NC State's West campus.; - Opportunity for starter homes or rentals.
    Request Owner's contact information
    4100 Reavis Rd Raleigh, NC 27606
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4100 Reavis Rd Raleigh, NC 27606
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