Active
517 Buck Jones Road
Raleigh NC, 27606
$3,338,900
$15.84 per sqft
Active
4.84 Acres
Land
Listing courtesy of Keller Williams Preferred Realty
Prime Development Opportunity in the Heart of Raleigh!
Unmatched potential awaits at 517 Buck Jones Road, featuring an already approved Administrative Site Review (ASR) for a 64-unit multifamily development. Alternatively, the property allows for a transition to a 54-unit townhome community with a minor modification to the existing plan--an option that aligns with the growing demand for flexible housing solutions.
Situated in a highly sought-after location, this property offers exceptional accessibility--just 5 minutes to I-440, I-40, Fenton, NC State University, Downtown Cary, and the State Fairgrounds. Its prime position at the nexus of Raleigh's growth makes it an unparalleled investment opportunity in one of the fastest-growing markets in the Triangle.
Whether you envision building modern multifamily units or a vibrant townhome community, this site provides the canvas for your development goals. The existing ASR approval and its strategic location reduce development hurdles, giving you a head start on a high-impact project.
Seize this rare opportunity to bring your vision to life and shape Raleigh's booming real estate landscape.
***Please submit all Highest and Best Offer by 12/20/24
by 5PM***
10067280
MLSⓇ ID
December 13, 2024
Listed
December 17, 2024
Updated
Map
517 Buck Jones Road
Raleigh NC, 27606
Exterior/Building Features
Lot Size
4.84 Acres
Sewer
Other
School Information
High School
Wake - Athens Dr
Elementary School
Wake - Adams
Other Property Details
Taxes
$10,925
Tax Frequency
Annually
Days on Market
3
Garage
No
View
Yes
View Description
Neighborhood, Pond, Trees/Woods
County
Wake
Water Source
Public
Pool
No
Zoning
R4- FTD
Listed by Charles Santos, , Keller Williams Preferred Realty
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Data last updated 12:49 AM UTC, 12/17/2024