525 Maywood Avenue Active Save Request In-Person Tour Request Virtual Tour
Raleigh,NC 27603
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Caraleigh
MLS Listing ID 10037312
Annual Tax Amount $2,940
Lot Size 4,791 Sqft
Property Description
Rare opportunity to purchase one or two multi-unit sites in one of the hottest development areas in Downtown Raleigh. 525 & 627 Maywood are available separately or as a package. Being nearly identical, there may be permitting and construction efficiencies if both lots are purchased together.
Located on each corner of the charming Caraleigh Commons neighborhood in Downtown South, these lots are ready to build out and zoned for 4-6 condominiums. All site improvements and underground utilities are already installed for 4 unit townhouse style condos. Potential exists for up-zoning for up to 12 condos each with skyline views or down zoned to 2 SFH lots each. The development includes a greenspace, a greenway connection and easy access to Dix Park, Farmers Market, and the upcoming Downtown South Development. Broker owned.
Location
State NC
County Wake
Community Street Lights
Exterior
Community Features Street Lights
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Water Available
View Y/N Yes
View Downtown
Building
Lot Description City Lot,See Remarks
Sewer Public Sewer
Water Public
Schools
Elementary Schools Wake - Farmington Woods
Middle Schools Wake - Martin
High Schools Wake - Broughton
Others
Special Listing Condition Seller Licensed Real Estate Professional