Redevelopment Opportunity Near Ravenscroft
For Sale
$610,000
7212 Falls Of Neuse Rd, Raleigh, NC 27615
Land with approved plans for a commercial building.
Property Size1,750 SF
Price / SF$348.57
Days on Market267
Property Features for 7212 Falls Of Neuse Rd
General Information
Standard status
Active
Size
1,750 SF
Class
B
Property subtype
Office
Building Details
Building Size
1,750 SF
Year Built
1970
Listing Agency:
(919) 524-5407
Listed By:
Grier Godwin · License #262680
(919) 524-5407
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Aug 19
Last Checked: Aug 20 at 5:04AM
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 Grier Godwin
Investment Insights
Based on property information with market context.
This stand-alone building is located across from Ravenscroft School and next to the NC School Board Association building. The property offers a redevelopment opportunity with approved architectural plans for either a 4,300 square foot single-story building or an 8,600 square foot two-story building. Situated in a North Raleigh location on Falls of Neuse Road, it is approximately 1.5 miles from I-540 and surrounded by growing commercial and residential developments. The property includes 1,750 square feet on 0.43 acres and is zoned OX-3, Office Mixed Use. Traffic counts on Falls of Neuse Road are 36,000 vehicles per day.
Key Highlights
- Prime redevelopment opportunity with approved architectural plans for a 4,300 SF or 8,600 SF building.
- Ideal North Raleigh location** on Falls of Neuse Road.
- High traffic count of 36,000 VPD on Falls of Neuse Road.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land with approved plans for a commercial building.
Where is this commercial land located?
The property is located at 7212 Falls Of Neuse Rd Raleigh, NC.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Prime redevelopment opportunity with approved architectural plans for a **4,300 SF or 8,600 SF building**.; Ideal North Raleigh location** on Falls of Neuse Road.; High traffic count of 36,000 VPD on Falls of Neuse Road.
