5416 Chapel Hill Rd | Image 1
5416 Chapel Hill Rd | Image 2
5416 Chapel Hill Rd | Image 3
5416 Chapel Hill Rd | Image 4
5416 Chapel Hill Rd | Image 5
5416 Chapel Hill Rd | Image 6

$515,000

Pending

3 months ago

5416 Chapel Hill Rd, Raleigh, NC

House

MLS® 10141729

Buyer represented by Joe Alercia of RE/MAX United

4 Bed

2 Bath

2970 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2970 sqft
Garage 
Taxes $3,150
Lot Size 
Approx. Age 1930
Avg. Price Per Sqft $173
MLS® Number 10141729

Property Address: 5416 Chapel Hill Rd, Raleigh, NC, 27607-5139

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number10141729
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
BasementExterior Entry, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 2:Second Floor93 × 14 ft
Game Room:Main Floor98 × 113 ft
Bedroom 4:Second Floor102 × 137 ft
Kitchen:First Floor710 × 129 ft
Other:Main Floor199 × 101 ft
Family Room:Main Floor157 × 1611 ft
Living Room:Main Floor2111 × 14 ft
Media Room:Main Floor99 × 113 ft
Laundry:Main Floor53 × 75 ft
Dining Room:Main Floor74 × 107 ft
Other:Main Floor187 × 100 ft
Bedroom 3:Second Floor114 × 137 ft
Other:Second Floor123 × 14 ft
Other:Second Floor69 × 8 ft

Price History

-End Date
-Sold Price

Pending

Jan 16, 2026List Date
$515,000List Price
  • Commute

Commute

Starting Address
Destination Address
5416 Chapel Hill Rd, Raleigh, NC

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