Residential Land for Sale in Raleigh, North Carolina
2802 Milburnie Rd, Raleigh, NC 27610
Exceptional development opportunity in a rapidly evolving Raleigh corridor! This 1.634-acre site is zoned OX-5 and offers outstanding flexibility with a preliminary site plan supporting multifamily development or up to 10 townhomes. A recorded right-of-way provides additional access from New Bern Avenue, enhancing connectivity and future potential. The property also features a natural area that could serve as a community garden, pocket park, or other thoughtfully designed green space. Ideally located just minutes from WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail, the site is positioned to benefit from the ongoing transformation of the New Bern Avenue Bus Rapid Transit (BRT) corridor, where construction is now underway. Seller financing is available, making this a compelling opportunity to invest in Raleigh's growing transit-oriented health and education district.
Location
- Street address
- 2802 Milburnie Rd
- County
- Wake County
- Zip code
- 27610
- Elevation
- 196 feet
Property details
- Acreage
- 1.63 acres71,003 sq ft
- Zoning
- OX-5
- MLS #
- DMLS 10145535
- Posted
Property taxes
- 2025
- $3,373
Parcels
- 172417112424000 0016109
Legal description
LO1 WAKEVIEW SQUARE & HEALTHYSITE RCMB BM2025-01643
Details and features
Listing
- Type
- Land
- Franchise
- Independent
Lot
- Vegetation
- Partially Wooded
Structure
- Water
- Public
- Sewer
- Private Sewer
Property utilities
| Category | Type | Status |
|---|---|---|
| Power | Grid | Available |
Nearby schools
| Name | Type |
|---|---|
| Wake County Schools | Elementary |
| Wake County Schools | Middle |
| Wake County Schools | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 7, 2026 | Price drop | $975,000 | $75,000 -7.1% | DMLS |
| Feb 10, 2026 | New listing | $1,050,000 | — | DMLS |