1839 Capital Blvd Raleigh, NC 27604-2144

This 2,600 square foot Class A retail property, located at 1839 Capital Blvd in Raleigh, NC, is a vacant, fee-simple ownership opportunity. Built in 1961 and situated on a 0.64-acre lot, the property boasts 20 parking spaces and excellent visibility on Capital Boulevard (34,000 vehicles per day). Previously a First Citizens Bank branch, it features a drive-through and flexible IX-3 zoning, allowing for diverse redevelopment options. The property benefits from strong surrounding demographics, with over 100,000 people within a 3-mile radius and average household incomes exceeding $105,000. This location is part of a thriving retail node with low vacancy rates (1.2%) and proximity to major retailers like Wegmans and Costco. Raleigh's robust economy, projected 44% job growth over the next 10 years, makes this a compelling value-add investment in a top-performing market. The property's vacant status presents a unique chance to tailor the space to a variety of retail uses. This is an exceptional opportunity to capitalize on Raleigh's dynamic growth and establish a presence in a high-traffic area with strong consumer demographics.