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Listed price in listed location currency (USD).
$515,000

420

MLS® 10141729

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2970 sqft
Garage No
Taxes $3,150
Days Active 1
Lot Size 0.49 acres
Approx. Age 1930
Avg. Price Per Sqft $173
MLS® Number 10141729

Property Address: 5416 Chapel Hill Road, Raleigh, NC, 27607

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
Acreage0.49
Exterior
GarageNo
Approx. Age1930
BasementExterior Entry, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

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

Home Appraisal

This property is estimated to sell between: $515,000 and $654,000.
Similar properties in this area sold on average for: $607,500
Expected to sell in 67 days. Similar properties sold in 68 days. This home has been on eXp Realty for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

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

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