4060 Sumner Blvd Raleigh, NC 27616

This exceptional 1.19-acre commercial land parcel, located at 4060 Sumner Boulevard in Raleigh, North Carolina (zip code 27616), presents a compelling investment opportunity. The property, identified by APN 1726798276, is zoned Commercial Mixed Use (CX-4-CU), allowing for diverse development options including retail, multifamily, and other commercial uses. With a height restriction of up to four stories, developers can capitalize on the area's growth potential. Priced at $933,055 ($18/SF land value), this site boasts an enviable location adjacent to the established Triangle Town Center and Poyner Place shopping centers, offering immediate access to a wide range of amenities and a strong retail presence including Belk, Saks Fifth Avenue, Dick's Sporting Goods, Old Navy, World Market, H&M, and Target. Its proximity to I-540 and US 401 ensures excellent accessibility and visibility. Situated in one of the Triangle's fastest-growing submarkets, this land benefits from significant infrastructure improvements, population growth, and rising incomes, making it an ideal location for a variety of development projects. The property's strategic location and flexible zoning make it a highly attractive investment for developers seeking to capitalize on the thriving Raleigh market. Wake County's robust economy and strong demographics further enhance the long-term value proposition of this exceptional commercial land offering.