5416 Chapel Hill Raleigh, NC 27606
0.92 acres of commercial land near future development zones.
Type:Commercial
Property size:
2,970 SFLot size:
0.49 AcresPrice / SF:
$173/SF- Added:
- Nov 10, 2025
- Days on Market:
- 163
- Last Refresh:
- Apr 5 at 9:13 pm
Property Features for 5416 Chapel Hill
General Information
- Standard status
- Active
- Size
- 2,970 SF
- Lot size
- 0.49 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1930
Listing agent MARIKA LA SORSA
Listing office COLDWELL BANKER HPW (919) 876-8824
Listing date Nov 10, 2025
Source Corcoran
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 COLDWELL BANKER HPW
Overview
Prime Development Land Near Fairgrounds
This is an exceptional opportunity to acquire two adjacent parcels totaling 0.92 acres of commercial land. The property is strategically located with proximity to the Fairgrounds and the area's planned future development zones. The location is ideal for developers, investors, and businesses looking to capitalize on a high-growth corridor. The property consists of two parcels: 5416 Chapel Hill Rd, which is 0.49 acres, and 103 Gary St, which is 0.43 acres. The value lies in the land, and both existing structures are tear-downs, offering a clean slate for development. The property is suited for supporting businesses, hospitality, or mixed-use development, subject to zoning approval. Preliminary demolition quotes for both houses have been secured to streamline the development timeline and provide clarity on initial costs.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.718
- Latitude
- 35.7906
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 0.92 acres of commercial land near future development zones.
Where is this commercial land located?
The property is located at 5416 Chapel Hill Raleigh, NC.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Prime commercial land totaling 0.92 acres.; Strategically located adjacent to the Fairgrounds.; Ideal for development in a high‑growth corridor.
