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Property summary
Prime opportunity in Northeast Wake County. Large commercial parcel and smaller commercial outparcel on New Bern Avenue available. Properties have frontage on US-64 Business and are zoned for Planned Development. A new ±60 Acre Mixed-Use Planned Development (Edgewater Commons) Prime location in Northeast Raleigh at New Bern Avenue and N. Rogers Lane Sits adjacent to the Neuse River & Capital Area Greenway system, spanning over 112 miles with scenic views of the Neuse River Property Features Site: ±18.99 AC Neighborhood Retail | Commercial Parcel Location: Sits in a prime location in Northeast Raleigh, at the intersection of New Bern Avenue and North Rogers Lane, just 12 minutes from downtown Raleigh, with convenient access to both I-440 and I-540 Frontage: New Bern Avenue, with 28,000 AADT
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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