Raleigh Land Development
For Sale
$2,989,990
Pending
517 Buck Jones Road, Raleigh, NC 27606
Land, Raleigh, NC
Property SizeContact for details
Lot Size5.18 Acres
Days on Market107
Property Features for 517 Buck Jones Road
General Information
Property type
Land
Property subtype
Other
Zoning
R4-FTDO
Vegetation
Partially Wooded
Subdivision
Roylene Acres
Elementary school
Wake - Adams Elementary
Middle school
Wake - Lufkin Road Middle
High school
Wake - Athens Drive High
Standard status
Pending
APN
39 pt 40
Lot size
5.18 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LO39 PH40 BLD& PT 4
Tax Annual Amount
10925
Legal Description
LO39 PH40 BLD& PT 4
Utilities
Utilities
Cable Available
Sewer type
Septic Tank, Public Sewer
Water source
Public
Listing Agency:
NorthGroup Real Estate, Inc.
(704) 412-2804
Listed By:
Charles Santos · License #281855
(919) 987-5068
Added: May 7
Changed: Aug 19
Last Checked: Aug 21 at 4:06AM
MLS# 10165568
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5.18-acre property presents a development opportunity in Raleigh, North Carolina. An Administrative Site Review (ASR) has already been approved for a 64-unit multifamily development. The property also allows for a transition to a 54-unit townhome community with a minor modification to the existing plan. The site is located with accessibility to I-440, I-40, Fenton, NC State University, Downtown Cary, and the State Fairgrounds, all within 5 minutes. This location is positioned in one of the fastest-growing markets in the Triangle. The property is zoned R4-FTDO.
Key Highlights
- Approved Administrative Site Review (ASR) for a 64‑unit multifamily development
- Option to modify the plan for a 54‑unit townhome community
- Prime location in Raleigh, one of the Triangle's fastest‑growing markets
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
Explore this area
Business Placement
Demographics for 27606, NC
48,343
Population
22,199
Households
2.2
Avg Household Size
29
Median Age
59%
College-Educated
93%
High-School Grad
24.5 sq mi
ZIP Area
1,973
Density / Sq Mi
$75,640
Median Household Income
$40,950
Median Earnings
$1,369
Median Rent
$423,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Approved site for multifamily or townhome development in Raleigh.
Where is this land located?
The property is located at 517 Buck Jones Road Raleigh, NC.
What is the asking price?
The asking price for this property is $2,989,990.
What are key features of this property?
This property features: Approved Administrative Site Review (ASR) for a 64‑unit multifamily development; Option to modify the plan for a 54‑unit townhome community; Prime location in Raleigh, one of the Triangle's fastest‑growing markets
