5416 Chapel Hill Road, Raleigh, NC 27607

• 4 beds |
• 2 baths |
• 2,970 sqft

Property Description

🏗️ Prime Development Opportunity Near the Fairgrounds !Location, Location, Location! Seize this exceptional opportunity to acquire two adjacent parcels totaling 0.92 acres of highly valuable commercial land, strategically located with unbeatable proximity to the bustling Fairgrounds and the area's planned future development zones.This offering is ideal for developers, rehabbers, investors, and businesses looking to capitalize on a high-growth corridor.Key Investment Highlights: Total Acreage: 0.92 Acres 5416 Chapel Hill rd is .49 acres and 103 Gary St is.43acres Sold separately for $356K).Strategic Location: Direct adjacency and easy access to the Fairgrounds, making it perfect for supporting businesses, hospitality, or mixed-use development (subject to zoning approval).Development Ready: The value lies squarely in the land. Both existing structures are tear-downs, offering a clean slate for your vision. Demolition Quotes Available: We have secured preliminary demolition quotes for both houses to streamline your development timeline and provide immediate clarity on initial costs.

Listing Status:

Active

Date Added:

January 15, 2026 at 06:00AM

Listing Office:

Coldwell Banker HPW : 919-876-8824

Listing Agent:

Marika La Sorsa : 919-906-9560

MLS ID:

10141729

Interior

• Basement: Exterior EntryUnfinished
• Flooring: HardwoodTile
• A/C: Window Unit(s)
• Heating: Natural Gas
• Fireplace: FireplaceFireplaces: 1

Exterior

• Style: Colonial

Construction

• Roofing: Shingle
• General: Brick2Combination

Location

• Originating MLS: Triangle MLS
• County: Wake

Lot

• Zoning: NX-3078414326783000 0469730

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Triangle MLS

This listing courtesy of Marika La Sorsa, Coldwell Banker HPW