517 Buck Jones Road
Raleigh, NC 27606Prime 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.
$2,989,990
bedrooms
full bathrooms
5.18 acres
- Exterior Features
- Interior Features
- Property Features
- Lot Size Acres 5.18
- Association Y/N No
- Senior Community Y/N No
- Tax Annual Amount 10924.7
- Water Source Public
Additional Property Information
- TypeUnimproved Land
- Built
- NeighborhoodRoylene Acres
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - Adams Elementary
- Middle SchoolWake - Lufkin Road Middle
- High SchoolWake - Athens Drive High
Listing courtesy of NorthGroup Real Estate, Inc.. © 2026 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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©2026 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2026-07-18T02:11:23Z.