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Oversized Lot in North Ridge
For Sale
$850,000

6312 New Market Way, Raleigh, NC 27615

LAND - Raleigh, NC

Property SizeContact for details
Lot Size0.68 Acres
Days on Market109

Property Features for 6312 New Market Way

General Information

Property type Land
Property subtype Other
Zoning R-6
Vegetation Wooded
Subdivision North Ridge
Elementary school Wake - North Ridge Elementary
Middle school Wake - West Millbrook Middle
High school Wake - Millbrook High
Standard status Active
APN 171718313994000 0042490
Lot size 0.68 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lo5 Nrth Rdg New Mkt Wy Bl1 Bm1970-00205
Tax Annual Amount 6524
Legal Description Lo5 Nrth Rdg New Mkt Wy Bl1 Bm1970-00205

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: CW Realty
Listed By: Charles Whitehorne · License #286064
Added: May 5 Changed: Jul 17 Last Checked: Aug 21 at 6:06AM
MLS# 10164909

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.

Located in the desirable North Ridge Neighborhood, this 0.68-acre lot presents an opportunity for builders, dream home owners, or investors. The property, zoned R-6, features mature hardwood trees and a flat, wooded landscape. With a 115-foot wide front and a depth of 215 feet, the oversized lot is potentially able to be subdivided for two homesites. The existing home on the lot has 2201 sq ft. The property is within walking distance of the North Ridge Country Club clubhouse, pool, and tennis facilities.

Key Highlights

  • Oversized 0.68 acre lot in desirable North Ridge Neighborhood
  • Potential for subdivision into 2 homesites
  • Walkable to North Ridge Country Club amenities (clubhouse, pool, tennis)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Daycare Center 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

1,252
Businesses Nearby

Demographics for 27615, NC

43,010
Population
20,681
Households
2.1
Avg Household Size
43
Median Age
64%
College-Educated
97%
High-School Grad
18.9 sq mi
ZIP Area
2,276
Density / Sq Mi
$107,051
Median Household Income
$60,661
Median Earnings
$1,533
Median Rent
$441,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 0.68 acre lot in desirable North Ridge neighborhood.
Where is this land located?
The property is located at 6312 New Market Way Raleigh, NC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Oversized 0.68 acre lot in desirable North Ridge Neighborhood; Potential for subdivision into 2 homesites; Walkable to North Ridge Country Club amenities (clubhouse, pool, tennis)
More about this property
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