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Property profile & analytics
OFF-MARKET
Land

0 Tryon Rd & Fairway Dr Raleigh, NC 27603

43.83 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 43.83-acre commercial land parcel presents a remarkable development opportunity in Raleigh, North Carolina. Located at the intersection of Tryon Road and Fairway Drive, this property boasts a highly desirable location within Wake County, zip code 27603. The site is zoned R-4 and R-10, allowing for a range of mixed-density residential development options, including multi-family and townhome projects. Its strategic position offers easy access to major transportation arteries, including US-70, US-401, and I-40, ensuring convenient commutes to downtown Raleigh (under 5 miles), NC State University (under 5 miles), and the Research Triangle Park/RDU International Airport (just over 18 miles). The property's proximity to these key areas, combined with Raleigh's thriving economy and strong talent pipeline from its prestigious universities, makes it an ideal location for a high-demand residential development. This rare assemblage of land presents a unique investment opportunity in one of the fastest-growing cities in the United States. The property's APN is 3. This is a truly exceptional opportunity to capitalize on Raleigh's continued growth and success.

Property profile
Verified
Property type Land
Lot 43.83 ac (1,909,235 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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