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About This Home
This land at 2802 Milburnie Road in Raleigh, NC is listed for $975,000 (1.63 acres).
Excellent development opportunity in a prime Raleigh location! Zoned OX-5 with a preliminary site plan for multifamily or up to 10 townhomes. The property includes a natural area ideal for a community garden, pocket park or other landscaped amenity. Recently recombined to 1.634 acres with a recorded right-of-way providing additional access from New Bern Ave.
Just minutes to WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail. The New Bern Ave BRT (Bus Rapid Transit) corridor has recently begun construction. Seller financing is available and now is the time to invest in this emerging, transit-oriented health and education district!
Key Features
- 1.63 acre lot
Location
2802 Milburnie Road
Raleigh, NC 27610
Not in a Subdivision
Questions & Answers
This 0-bedroom, 0-bathroom land at 2802 Milburnie Road is listed at $975,000. The estimated monthly payment is $4,225 based on 20% down at 6.5% interest.
Key features include: 1.63 acre lot.
This property is listed by Beth Martin and can be reached at 9193955193 or Beth@BethMartinRE.com.