$6,000,000
For Sale

611 & 613 Powell Drive

Raleigh, NC 27606
Browse 27 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

One of the LAST large parcels in downtown RALEIGH! Don't miss your chance to own almost 6 acres of property inside the I-40 belt line. Build your own private secluded home or develop into a multiple homesites.
Zoned R4 with ability to build Single Family Homes or 2 townhomes with a 65' width minimum under the conventional development option, see Raleigh UDO for minimum lot requirements. Raleigh UDO: https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance
The lot being sold is approximately 985ft x 252ft.
The property is minutes from Cary, Apex, Garner, Durham, Morrisville, NC State, Bus lines, shopping, restaurants, and entertainment. New SFH in the area selling for around $950k.
Homes are of no value and both parcels of 611 and 613 Powell will only be sold together.
Cameras onsite, please do not walk property without an appointment.

  • Property Details
      • Lot FeaturesCity Lot, Gentle Sloping, Hardwood Trees, Near Public Transit, Partially Cleared, Split Possible, See Remarks
      • Lot DescriptionCity Lot, Gentle Sloping, Hardwood Trees, Near Public Transit, Partially Cleared, Split Possible, See Remarks
      • Utility FeaturesSewer Available, Water Available
      • SubdivisionNot in a Subdivision
      • Elementary SchoolWake County Schools
      • Middle SchoolWake County Schools
      • High SchoolWake County Schools
      • Property SubtypeUnimproved Land
      • Sewer InformationPublic Sewer
      • Property TypePurchase
      • MLS #10074150
      • MLS #10074150
      • Taxes Annual$11,273
      • Cost6000000
      • Utility SourcePublic
      • Acres5.85
      • CountyWake
      • ZoningR4

Location

Javad Neakta | NC Real Estate GroupReal Estate Group
OR

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