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Residential Land for Sale in Raleigh, North Carolina

2802 Milburnie Rd, Raleigh, NC 27610

$1,050,000
1.63 acres
Active
ago
Est $7,448/mo

Excellent development opportunity in a prime Raleigh location with seller financing available! 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, walking trail, 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. Now is the time to invest in this emerging, transit-oriented health and education district!

Location

Street address
2802 Milburnie Rd
Elevation
196 feet
Coordinates
35.7865, -78.5912

Property details

Acreage
1.63 acres
Zoning
OX-5
MLS #
DMLS 10145535
Posted

Property taxes

2025
$3,373

Parcels

  • 172417112424000 0016109

Legal description

Details and features

Listing

Type
Land
Franchise
Independent

Lot

Vegetation
Partially Wooded

Structure

Water
Public
Sewer
Private Sewer

Property utilities

CategoryTypeStatus
PowerGridAvailable

Nearby schools

NameType
Wake County SchoolsElementary
Wake County SchoolsMiddle
Wake County SchoolsHigh

Listing history

DateEventPriceChangeSource
Feb 10, 2026New listing$1,050,000DMLS
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This 1.63-acre property is located at 2802 Milburnie Rd in Raleigh, NC 27610. The property is available for sale for $1,050,000 with a price per acre of $644,172.

Checked 1 hour ago — Updated

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