# 1501 Carolina Pines Avenue, Raleigh, NC 27603

> **TL;DR:** commercial, $5,500,000. Est. $23,833/mo. Listed 214 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $5,500,000 |
| Lot Size | 367,646 sqft (8.44 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 214 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $23,833 |
| **Total** | **$23,833** |

## Property Highlights

- 8.44 acre lot

## Description

### Agent Description
A rare development opportunity in one of Raleigh's fastest-growing corridors. This offering includes five contiguous parcels at 1501, 1511, and 1515 Carolina Pines Avenue, along with 2109 and 2117 Lake Wheeler Road, totaling a substantial assemblage of 8+ acres in a highly desirable location. Situated just minutes from Downtown Raleigh, NC State University, I-40, and the burgeoning mixed-use growth along Lake Wheeler Road, this property provides unmatched visibility and accessibility for future development. Opportunities of this scale are increasingly rare within the city limits, making this assemblage a prime candidate for residential, mixed-use, or commercial development (subject to zoning and city approval). Developers and investors will appreciate both the strong demographic growth in the area and the site's proximity to employment, education, and entertainment hubs. Whether you're looking to create a signature community, a multi-family project, or a high-profile commercial destination, this assemblage represents a once-in-a-generation chance to secure a large development footprint in a premier Raleigh location.

## Location

- **Address:** 1501 Carolina Pines Avenue, Raleigh, NC 27603
- **County:** Wake
- **Coordinates:** 35.751309, -78.665699
- **Google Maps:** https://www.google.com/maps?q=35.751309,-78.665699

## Listing Agent

- **Name:** Jonathan Edmiston
- **Brokerage:** HomeSmart Expert Realty
- **Phone:** 9193916377
- **Email:** Jonathan@HomeSmartExpert.com

## Primary Photo

![1501 Carolina Pines Avenue - Primary Photo](http://lh.rdcpix.com/3357a49160b212e8b70398170e6b49a9l-f1921632740r.jpg)

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**MLS#:** 10120542 | **Updated:** 2026-04-24
**Source:** listhub

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[View on PropertySimple](https://www.propertysimple.com/listing/1501-carolina-pines-avenue-raleigh-nc-27603-10120542)

---

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