Clear-span floor platesHigh-visibility corner lotMaximum corner visibilityPremium corner lot
FOR SALE: PREMIER URBAN INFILL DEVELOPMENT SITE
2212 Everett Avenue, Raleigh, NC 27607
Premium Corner Lot | Zoned OX-3 | 100% Parking Exempt
THE OPPORTUNITY
Position your business or next residential development project in one of West Raleigh’s highest-barrier, most prestigious micro-markets. Located steps from the Oberlin Road transit corridor, The Village District, and NC State University, this high-visibility corner lot offers unmatched versatility for an owner-user flagship headquarters, a luxury live-work walk-up, or a high-density urban residential development.
Zoning District: OX-3 (Office Mixed Use – 3 Stories)
Lot Dimensions: 48.98’ x 85.48’ (Surveyed: 4,356 Sq. Ft.)
Prime Frontage: Corner exposure with ±49 ft on Everett Ave and ±85 ft on Tower St.
INVESTMENT HIGHLIGHTS
100% Parking Exempt: Take full advantage of Raleigh UDO Section 7.1.2. Nonresidential structures under 10,000 SF require zero off-street vehicular parking spaces. Maximize your entire building footprint without sacrificing ground-floor square footage to asphalt.
High-Density Vertical Potential: Build up to 3 stories (approx. 50 ft max height), yielding a flexible structural envelope perfectly optimized for tight urban footprints.
Substantial Yield Potential: Accommodates an estimated 2,828 to 3,539 SF building footprint, paving the way for a total gross floor area of up to 8,485 to 10,618 SF over 3 levels.
Unrivaled Infill Location: Immediate access to Wade Avenue, downtown Raleigh, and major medical hubs. Perfect for attracting premium commercial tenants or luxury residential buyers.
OPTIMAL DEVELOPMENT SCENARIOS
The Live-Work Flagship: Establish your medical, legal, or creative practice on the ground floor while building a private luxury penthouse or income-producing residential spaces on floors 2 and 3.
The Standalone Professional Center: Build a 3-story boutique corporate pavilion with maximum corner visibility and clear-span floor plates to house a single high-profile firm or multi-suite investment setup.
The Multi-Family Luxury Walk-Up: Deploy high-density urban townhomes or micro-apartments tailored to the submarket's affluent, commuter-heavy professional demographic.
See 501 N West Street for comp,
https://traded.co/deals/north-carolina/development-site/sale/501-north-west-street/
See 25 Enterprise Street for comparable sale : https://www.zillow.com/homedetails/25-Enterprise-St-Raleigh-NC-27607/6381494_zpid/
22 days
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Listed by:
Property Owner(919) 208-6371
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.