Prime development opportunity in the heart of Planters Walk, one of eastern Wake County's fastest-growing corridors, just 20 minutes from downtown Raleigh. This rare assemblage features three contiguous parcels (PINs 1744411496, 1744406836, and 1744400376) totaling approximately 11.23 acres with exceptional potential for multifamily, mixed-use, or senior-oriented residential development. Approximately 9.25 acres are zoned RMX, allowing up to 18 units per acre, while an additional 2.68-acre parcel is zoned GR8, allowing up to 8 units per acre. Preliminary discussions with the Town of Knightdale suggest strong potential for townhome development under the current UDO or a thoughtfully designed 55+ community. Positioned within an established neighborhood and surrounded by continued residential and commercial growth, this site offers developers the opportunity to capitalize on increasing demand in the thriving Knightdale market. Conceptual renderings and bullet points from that meeting are available in disclosures.
Vacant landProperty Type
11.23 acresLot Size
$195,904Price/Acres
Listed by Meredith Little• Hodge & Kittrell Sothebys INTE
Multiple parcels accessed by Lynnwood Road and under 540
Home design
Property listed as land (no dwelling described)
Zoned RMX/GR8
Parking
Road frontage on a public paved 2-lane road
Construction
No building or construction details provided
Utilities
Public water available
Public sewer available
Utilities: water and sewer available
HOA & community
No homeowners association
Financial info
Annual tax listed (amount available in original data)
Other
Located in Wake County; postal code 27545
Directions: Take I-440 E from Raleigh; Take Exit 14 to 64E; Take Exit 6; Left onto Hodge Road. Turn onto Lynnwood Road to 540. Property is the 1st parcel on right and then cross under 540 for the additional 2 parcels on the right and left.
Electricity and solar
View estimated energy costs and solar savings for this home
LOVELY WOODED BUILDING LOT-CITY WATER=SEPTIC PERMIT ON FILE-SURVEY IN 3/98. WATER HOOKUP FEES ALREADY PAID.
TMLS #1785765
Jun 8, 2011
Listing Removed
—
May 20, 2011
Listed
$1,500,000
TMLS #997900
Dec 2, 2008
Listing Removed
—
Apr 15, 2008
Listed
$1,500,000
TMLS #933826
Apr 19, 2008
Listing Removed
—
May 23, 2007
Listed
$1,500,000
Public Records
Oct 1, 1998
Sold
$70,000
Year
Property tax
Land + Additions
Assessment*
2025
$633 (+0.4%)
$66,088
2024
$630 (+60.0%)
$66,088
2023
$394 (+3.5%)
$66,088
2022
$380 (+4.9%)
$35,568
2021
$363
$35,568
2020
$363 (−6.1%)
$35,568
2019
$386 (+6.1%)
$35,568
2018
$364 (−41.4%)
$33,560
2017
$621
$59,400
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
2.68 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Wake County
APN
1744.03 40 0376 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 11, 2026.
GR8
General Residential Medium Density District
The General Residential Medium Density District is intended to accommodate the Town’s existing medium-density, predominately residential neighborhoods as well as provide for new mixed-density residential development with a maximum density of eight dwelling units per acre.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
57% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Knightdale, NC • 27545
Average low and high temperatures (°F)
48
29
54
35
69
45
77
54
78
59
89
68
89
73
81
67
80
64
71
51
65
44
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Knightdale. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 0 Lynnwood Rd
$2,045,911
$154K under list price of $2.20M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $335K to $455K.