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Commercial Land for Sale in Raleigh, North Carolina

3151 New Bern Ave, Raleigh, NC 27610

$12,000,000
4.89 acres
Active
Est $83,905/mo

This property has been rezoned by the City of Raleigh for CX-12-UG-CU (TOD). The zoning allows for a Residential Commercial mix development from 16 to 20 stories possible. Up to 928 units of condos, apartment and or hotel rooms. The City is underway for the first proposed BRT station at this location on New Bern Avenue. In addition to the 928 units, there is 70k square of office and 20k for commercial uses.

Location

Street address
3151 New Bern Ave
Elevation
240 feet
Coordinates
35.7897, -78.588

Property details

Acreage
4.89 acres
Zoning
CX12
MLS #
DMLS 2538929
Posted

Property taxes

2025
$24,013 - Wake County PIN 1724128276, 1724129451 & 17244221587

Parcels

  • 1724221587

Legal description

Details and features

Listing

Type
Land
Franchise
Coldwell Banker Real Estate

Lot

Vegetation
Wooded
Features
Sloped

Structure

Water
Public
Sewer
Public Sewer

Property utilities

CategoryTypeStatusDescription
PowerGridAvailable

Nearby schools

NameLevelDistrictDescription
Wake County SchoolsElementary
Wake County SchoolsMiddle
Wake County SchoolsHigh

Listing history

DateEventPriceChangeSource
Oct 25, 2023New listing$12,000,000DMLS
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This 4.89-acre property is located at 3151 New Bern Ave in Raleigh, NC 27610. The property is available for sale for $12,000,000 with a price per acre of $2,453,988.

Checked 39 mins ago — Updated

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