Excellent development opportunity in prime Raleigh location! Zoned OX-5 (Mixed Use) with an unapproved preliminary site plan for apartment building or up to 10 townhomes. The property also benefits from a natural area ideal for a community garden, pocket park, walking trail, or other landscaped amenity. Recently recombined to 1.634 acres; ROW agreement is in place for access from New Bern Ave; Milburnie Rd frontage. The New Bern Ave BRT (Bus Rapid Transit) corridor is slated to begin construction Fall 2025. Minutes to WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail. Now is the time to invest in this emerging, transit-oriented health and education district! Maps and proposed site plans available for review.
Lot/land
$1,050,000
2802 Milburnie Rd #3, Raleigh, NC 27610
--beds
--baths
1.64Acres
Unimproved Land, Land
Built in ----
1.64 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Natural areaLandscaped amenity
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