3609 Anclote Pl Place
Raleigh, NC 27607Ridge Road redevelopment opportunity of the existing Anclote Arms apartment complex. Prime Location just on Ridge Rd--Located on a cul-de-sac adjacent to 200 acre-size tract of land owned by Meredith College. Ideal location for a high-end townhome / condo / single family lot development. See attached concept plans. For practical purposes no max density for townhomes--many development options including townhomes, condos, patio homes, single family, tiny homes. Walking distance to Ridgewood Shopping Center, Whole Foods, restuarants, Art Museum, public schools and more. Minutes to PNC Center, Carter Finley Stadium, Dorton Arena, RDU Airport, Village District, Midtown and Research Triangle Park. Only a few miles to downtown Raleigh on Fayetteville St. Utilized apartment income to offset costs while going through the development process or redeveloped apartments to high end luxury apartments. The 5-star location affords many options for redevelopment and investment opportunities.
$6,000,000
bedrooms
full bathrooms
2.56 acres
- Exterior Features
- Interior Features
- Property Features
- Fencing Other
- Lot Size Acres 2.56
- Other Structures See Remarks
- Lot Features See Remarks
- Tax Annual Amount 22259
- Water Source Public
Additional Property Information
- TypeDeeded Parking
- Built
- NeighborhoodNot in a Subdivision
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - Lacy
- Middle SchoolWake - Martin
- High SchoolWake - Broughton
Listing courtesy of Market-One Realty, LLC. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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