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Land Parcel Near I-440
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5724 Creedmoor Rd, Raleigh, NC 27612

Land parcel suitable for office, medical, residential, or service uses.

Property Size20,909 SF
Lot Size0.48 Acres
Price / SF$23.91
Days on Market2782

Property Features for 5724 Creedmoor Rd

General Information

Standard status Active
Size 20,909 SF
Lot size 0.48 Acres
Property subtype Retail, Land
Zoning OX-3-CU
Listing Agency: MKM Commercial
Listed By: Arpan Makam · License #NC 263636
Source: Crexi
Added: Dec 27, 2018 Changed: Aug 8 Last Checked: Aug 8 at 12:00PM

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 MKM Commercial

Investment Insights

Based on property information with market context.

This parcel offers various opportunities due to its zoning and location. Situated just off the I-440 Beltline, it provides convenient commuting options and an advantageous location for office development. The property's location is expected to experience a population increase of 23% over the next year, making it suitable for medical, residential, and service-oriented businesses. The property has a size of 20909 square feet.

Key Highlights

  • Excellent location just off I‑440 Beltline.
  • Flexible zoning allows for diverse uses (office, medical, residential, service).
  • Easy commute due to proximity to I‑440.

Property Analytics

Current Use

Jorge & Sons Electricians ... Electrical Service

Suggested Use

Top Pick Building Supply Restaurant Auto Repair Shop HVAC Service Auto Parts Store Dental Office

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

1,328
Businesses Nearby

Demographics for 27612, NC

39,576
Population
21,582
Households
1.8
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
16.6 sq mi
ZIP Area
2,384
Density / Sq Mi
$95,565
Median Household Income
$57,216
Median Earnings
$1,544
Median Rent
$481,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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?
Commercial land - Land parcel suitable for office, medical, residential, or service uses.
Where is this commercial land located?
The property is located at 5724 Creedmoor Rd Raleigh, NC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Excellent location just off I‑440 Beltline.; Flexible zoning allows for diverse uses (office, medical, residential, service).; Easy commute due to proximity to I‑440.
(919) 907-0760 Call to check price and availability
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