North Raleigh Assemblage
For Sale
Contact for pricing
Pending
5621 Kyle Dr, Raleigh, NC 27616
Two-parcel assemblage in a growing North Raleigh corridor.
Property SizeContact for details
Lot Size1.21 Acres
Days on Market192
Property Features for 5621 Kyle Dr
General Information
Standard status
Pending
Lot size
1.21 Acres
Property subtype
Land
Zoning
R10
Listing Agency:
Keller Williams Realty
Listed By:
Nadim Gebrael · License #333747
Source:
Crexi
Added: Feb 10
Changed: Aug 15
Last Checked: Aug 20 at 9:23AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This offering features a rare 1.21-acre assemblage consisting of two parcels in a growing North Raleigh corridor, situated just off Louisburg Road (US-401). The listing includes 5621 Kyle Drive (PIN 1736166080) and 5615 Kyle Drive (PIN 1736156950). Currently zoned R-10, the property is being marketed with an active rezoning strategy aimed toward higher-density mixed-use development (NX/CX). This presents an ideal opportunity for neighborhood retail, small commercial ventures, townhomes, or mixed-use redevelopment. Existing homes on the property offer potential interim income while entitlement is pursued. The strong surrounding residential density and corridor growth make this a compelling infill opportunity.
Key Highlights
- 1.21‑acre two‑parcel assemblage in a growing North Raleigh corridor.
- Active rezoning strategy toward higher‑density mixed‑use (NX/CX).
- Ideal for neighborhood retail, small commercial, townhomes, or mixed‑use redevelopment.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
133
Businesses Nearby
Explore this area
Business Placement
Demographics for 27616, NC
56,941
Population
24,282
Households
2.3
Avg Household Size
34
Median Age
43%
College-Educated
91%
High-School Grad
22.5 sq mi
ZIP Area
2,531
Density / Sq Mi
$81,534
Median Household Income
$41,601
Median Earnings
$1,514
Median Rent
$314,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two-parcel assemblage in a growing North Raleigh corridor.
Where is this commercial land located?
The property is located at 5621 Kyle Dr Raleigh, NC.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 1.21‑acre two‑parcel assemblage in a growing North Raleigh corridor.; Active rezoning strategy toward higher‑density mixed‑use (NX/CX).; Ideal for neighborhood retail, small commercial, townhomes, or mixed‑use redevelopment.
