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Residential Land for Sale in Raleigh, North Carolina

2802 Milburnie Rd, Raleigh, NC 27610

$645,000
1.63 acres
Active sale
ago
Est $4,862/mo

Exceptional development opportunity in Raleigh's rapidly evolving New Bern Avenue corridor! This 1.63-acre property is zoned OX-5-TOD, offering flexible development possibilities, including multifamily residential, with a five-story height designation. A recorded cross-access easement provides connectivity toward New Bern Avenue and is also well-positioned near the planned Bus Rapid Transit (BRT) improvements. Ideally located near WakeMed Raleigh, I-440, Downtown Raleigh, and the Crabtree Creek Trail. Comprehensive due diligence reports, conceptual plans, and supporting documentation are available upon request. Development subject to applicable approvals.

Location

Street address
2802 Milburnie Rd
Zip code
27610
Elevation
198 feet
Coordinates
35.7865, -78.5912

Property details

Acreage
1.63 acres71,003 sq ft
Zoning
OX-5
MLS #
DMLS 10201232
Posted

Property taxes

2026
$3,873

Parcels

  • 172417112444000 0016109

Legal description

Details and features

Listing

Type
Land

Lot

Vegetation
Wooded

Structure

Water
Public
Sewer
Public Sewer

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Nearby schools

NameType
Wake County SchoolsElementary
Wake County SchoolsMiddle
Wake County SchoolsHigh

Listing history

DateEventPriceChangeSource
Nov 1, 2026New listing$645,000—DMLS
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This 1.63-acre property is located at 2802 Milburnie Rd in Raleigh, NC 27610. The land is available for sale, priced at $645,000 — $395,706 per acre.

Listed by eXp Realty, (919) 972-8448

Checked 2 hours agoUpdated Source

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