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IX-3 Zoned Commercial Land

5740 Chapel Hill Road, Raleigh, NC 27607

For Sale
New
$1,250,000

The IX-3 designation supports industrial mixed-use development up to three stories.

Property SizeContact for details
Days on Market7

Property Features for 5740 Chapel Hill Road

General Information

Standard status Active
Property subtype Unimproved Land
Listing Agency: Hodge & Kittrell Sothebys INTE
Listed By: Meredith Mclaurin Little
Source: Dustinbennett
Added: Nov 4 Changed: Nov 7 Last Checked: Nov 8 at 12:34PM

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 Hodge & Kittrell Sothebys INTE

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Investment Insights

Based on property information with market context.

This 2.05-acre commercial land parcel carries IX-3 zoning, identified as Industrial Mixed Use with a three-story limit. The zoning supports consideration of commercial development, including flex space, office, light industrial, and service-oriented uses.

The property fronts Highway 54 in West Raleigh, between Raleigh and Cary. NC State University is nearby, and the site has access to major transportation routes.

Key Highlights

  • 2.05‑acre commercial land parcel
  • IX‑3 zoning: Industrial Mixed Use, up to 3 stories
  • Highway 54 frontage in West Raleigh

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Dental Office Restaurant Spa & Massage Center Hair Salon Real Estate Agency Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

512
Businesses Nearby

Demographics for 27607, NC

27,182
Population
10,698
Households
2.5
Avg Household Size
27
Median Age
71%
College-Educated
96%
High-School Grad
17.4 sq mi
ZIP Area
1,562
Density / Sq Mi
$95,216
Median Household Income
$49,365
Median Earnings
$1,529
Median Rent
$639,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Commercial land in Raleigh, NC

$605 Jul
$599 Aug
$602 Sep
$824 Oct

Properties on Market for Commercial land in Raleigh

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - The IX-3 designation supports industrial mixed-use development up to three stories.
Where is this commercial land located?
The property is located at 5740 Chapel Hill Road Raleigh, NC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 2.05‑acre commercial land parcel; IX‑3 zoning: Industrial Mixed Use, up to 3 stories; Highway 54 frontage in West Raleigh
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