2040 Milburnie Road
Raleigh, NC 27610LOCATION, LOCATION, LOCATION; Great corner lot convenient to downtown Raleigh at the intersection of North Raleigh Blvd and Milburnie Road; Outstanding Investment Opportunity; Property Zoned R6 at .7 Acres with the option to pursue multiple build scenarios via subdividing the lot and building single-family, townhomes or duplexes which has to be approved by the Raleigh Planning Department; Raleigh Planning indicates they are receptive to more dense building and possible rezoning based on the new owner interest, again subject to the Raleigh Planning Department Approval: Owner plans to have existing home moved from the lot prior to closing however may be willing to include the home in the sale as-is to the buyer if not able to get it moved in sufficient time. There is a vacant attached lot to our listing on Colleton. If you are able to convince that owner to sell along with buying our property would provide sizeable area on that corner to make a development impact. All Offers presented to Seller!
$1,150,000
bedrooms
full bathrooms
0.7 acres
Additional Property Information
- TypeUnimproved Land
- Built
- NeighborhoodLongview Park
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - Underwood
- Middle SchoolWake - Martin
- High SchoolWake - Enloe
Listing courtesy of The Equity Group. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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- Interior Features
- Property Features
- Lot Size Acres 0.7
- Tax Annual Amount 3131.94
- Water Source Public
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