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4060 Sumner Blvd Raleigh, NC 27616

Sponsored
For Sale
$933,055

1.19 Acres, Prime Raleigh Location

Description

Added:
Dec 11, 2024
Days on Market:
404
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.

Property Features for 4060 Sumner Blvd

General Information

Property type
Land
Lot Size
51,836 SF

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Listing Contact
Karl Hudson IV
Karl Hudson IV

Learn more

Property Insight Report

Property Profile Location Intelligence

Current Use by Public Records

Raleigh Septic Tank ... Septic System Service

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Raleigh
County
Wake
State
North Carolina
Longitude
-78.568442
Latitude
35.862905

FAQs

What type of property is this?
Land - 1.19 Acres, Prime Raleigh Location
Where is this land located?
The property is located at 4060 Sumner Blvd Raleigh, NC.
What is the asking price?
The asking price for this property is $933,055.
More about this property
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