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About This Home
This 0-bedroom, 0-bathroom commercial at 11601 Forest Pines Drive in Raleigh, NC is listed for $1,400,000. on a 5.09 acres lot.
Prime Development Opportunity Raleigh NC Wake County 5.09 acres! This prime commercial site offers unparalleled visibility and a built-in customer base, situated directly across from a bustling elementary school and surrounded by established residential subdivision.
High-traffic area with immediate proximity to local schools and dense residential rooftops. Flexible Zoning: Currently zoned OX-3-PK (Office Mixed Use), offering a variety of professional and community-service possibilities. Development Ready: Access to Raleigh Water and Utilities Permissible Uses & Potential Take advantage of the Office Mixed Use
(OX) district, designed to integrate seamlessly into the surrounding neighborhood: Medical Office: Fully permissible and ideal for the local demographic. Day Care Center: A high-demand ''limited use'' perfectly positioned for the neighborhood and school-run traffic.
Retail & Pharmacy: Opportunistic limited uses that can serve the daily needs of nearby residents (consult the Raleigh UDO for specific requirements). Growth Potential: While currently approved for up to 3 stories, the site offers a path for rezoning to increase density and height via the City of Raleigh Rezoning Process. Site Investigation Report available upon request.
Key Features
- 5.09 acre lot
Monthly Cost Estimate
$7,487/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
11601 Forest Pines Drive
Raleigh, NC 27614
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 11601 Forest Pines Drive is listed at $1,400,000. The estimated monthly payment is $6,067 based on 20% down at 6.5% interest.
Key features include: 5.09 acre lot.
This property is listed by Kelly Carraway and can be reached at 9194416912 or kellyc21tg@gmail.com.