Bagwell Ave. & Hillsborough St Burlington, NC 27217
- Retail properties
- 1.05 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Bagwell Ave. & Hillsborough St
- Lot size
- 1.05 lot acres
- Property type
- Retail properties
Description
This exceptional 1.05-acre vacant lot presents a prime development opportunity directly across from North Carolina State University in Raleigh, Wake County, NC (zip code 27217). Located at the intersection of Bagwell Avenue and Hillsborough Street, this property boasts unparalleled visibility and accessibility to the university's substantial student population. The CX-5-SH-CU zoning permits a mixed-use development, ideally suited for student housing with integrated retail space on the ground floor. This creates a synergistic environment, benefiting both residents and the surrounding community by providing convenient amenities. The high demand for student housing near NC State, coupled with the property's size and location, ensures a strong potential for long-term investment returns. This is a rare opportunity to capitalize on the consistent growth of the student population and the ongoing development within this thriving area. The property is currently vacant and ready for immediate development. This location offers significant potential for a developer seeking to create a vibrant and profitable project catering to the needs of the university's large student body. The address is Bagwell Ave. & Hillsborough St, Raleigh, NC.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Wake
- State
- North Carolina
- Longitude
- -79.4029
- Latitude
- 36.1602
