2231 S New Hope Rd is a vacant land on a 17.12 acre lot. - it last sold on August 05, 2025 for $1,300,000. Based on Redfin's Raleigh data, we estimate the home's value is $1,929,369.
Vacant landProperty Type
17.12 acresLot Size
$112,697Price/Acres
Source:Public Records
Redfin Estimate
$1,929,369
$629K since sold in August 2025$74K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 284.8% higher than the average sale price ($501K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
CX-5-CU
Commercial Mixed Use District-5 Stories-Conditional Use
CX is intended to provide for a variety of residential, retail, service and commercial uses.; While CX accommodates commercial uses, the inclusion of residential and employment uses are strongly encouraged in order to promote live-work and mixed use opportunities.; Each conditional district (bearing the designated CU on the Official Zoning Map) corresponds to a general use district. All zoning requirements that apply to the general use district are also applicable to the corresponding conditional district unless adopted conditions are more restrictive.
Permitted uses
Include but are not limited to:
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Manufacturing
Office
Shopping centers
Property details
Exterior
Property Information
Subdivision Name: OT RETAIL EAST CO & LOBRO
Legal Description: LO5017 RCMB OT RETAIL EAST COMP LLC ET AL BM2019-1046
Lot Information
Land Sq. Ft: 745,747
Legal Lot Number: 5017
Municipality Name: RALEIGH
Acres: 17.12
Zoning Code: CX-5
County Use Description: VACANT
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 17.12 acres
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Wake County
APN: 1722.16 84 8717 000
Home facts updated by county records on Aug 12, 2026
Around this home
Schools
Walnut Creek Elementary School
Public PreK-5 • Assigned • 1.3mi
3/10
East Garner Middle
Public 6-8 • Assigned • 2.9mi
4/10
Southeast Raleigh High
Public 9-12 • Assigned • 2.1mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being 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
58% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Raleigh, NC • 27610
Average low and high temperatures (°F)
49
29
54
35
70
46
77
54
78
60
89
68
90
73
82
67
81
62
72
51
66
44
54
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.83M – $2.22M
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