517 Buck Jones Road
Raleigh, NC 27606
4.84 acres | #10067280
Description
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***
Property Details
- Utility FeaturesCable Available, Electricity Available, Electricity Connected, Septic Available, Sewer Available, Water Available, Water Connect
- ViewNeighborhood, Pond, Trees/Woods
- Middle SchoolWake - Lufkin Road
- High SchoolWake - Athens Dr
- Property SubtypeUnimproved Land
- SubdivisionRoylene Acres
- Elementary SchoolWake - Adams
- Property TypePurchase
- MLS #10067280
- MLS #10067280
- ZoningR4- FTD
- Taxes Annual$10,924
- Cost3338900
- Utility SourcePublic
- Sewer InformationOther
- Acres4.84
- CountyWake
Location
Legal
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Last Updated: . Source: TRIANGLEMLS
Listing Courtesy
Listing Agent: Charles Santos (#87260)
Listing Office: Keller Williams Preferred Realty (#1439)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
