103 Gary Street
Raleigh, NC 27607Seize this exceptional opportunity to acquire two adjacent parcels being sold together, strategically positioned with unbeatable proximity to the bustling NC State Fairgrounds and Raleigh's high-growth corridor. The value here lies squarely in the land—ideal for developers, investors, or businesses looking to capitalize on future growth and redevelopment (subject to zoning approval). INVESTMENT HIGHLIGHTS: Dual-Parcel Sale: Includes 103 Gary St (duplex/single-family) and 5416 Chapel Hill Rd, creating a significant land assemblage. Total Acreage: Consult plat or survey for exact size, but represents a substantial development footprint in a highly desirable area. Immediate Development Potential: Both existing structures are being sold as TEAR-DOWNS, offering a clean slate for your vision without the complications of renovating outdated buildings. Fairgrounds Proximity: Direct adjacency and easy access to the State Fairgrounds—perfect for supporting businesses, hospitality, multi-family housing, or mixed-use concepts. This offering provides a rare chance to secure a key location where the future development of Raleigh is unfolding. Don't miss out on controlling this valuable piece of real estate!
$700,000
bedrooms
full bathrooms
0.43 acres
1,363 square feet
$514 per square foot
- Exterior Features
- Interior Features
- Property Features
- Construction Materials Fiber Cement
- Lot Size Acres 0.43
- Structure Type Duplex
- Cooling Y/N Yes
- Heating Y/N Yes
- Tax Annual Amount 3011.74
- Year Built 1988
Additional Property Information
- TypeMixed Use
- Built1988
- NeighborhoodNot in a Subdivision
- CountyWake
- AreaRaleigh
- Elementary School
- Middle School
- High School
Listing courtesy of Coldwell Banker HPW. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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