NEW 20 HRS AGO

For sale

$1,250,000

Est. $7,851/mo

Land

•

2.05

acres (lot)

5740 Chapel Hill Rd, Raleigh, NC 27607

About this home

* * Commercial development opportunity in West Raleigh! * * Located along Highway 54, this 2.05-acre parcel offers excellent potential for investors, developers, and business owners seeking a strategic commercial location. Zoned IX-3 (Industrial Mixed Use- 3 stories), the property offers opportunities to explore a variety of potential uses, including flex space, office, light industrial, service-oriented businesses, and other commercial applications. Conveniently positioned between Raleigh and Cary, with access to major transportation routes and proximity to NC State University, this property presents an opportunity to establish a business presence or pursue a commercial development project in an established area of West Raleigh. Explore the possibilities at 5740 Chapel Hill Road!

Vacant landProperty Type

2.05 acresLot Size

$609,756Price/Acres

Listed by Meredith Little • Hodge & Kittrell Sothebys INTE

Listed by Rick Wellington • Hodge & Kittrell Sotheby's Int

Listing updated: Nov 4, 2026 at 02:23pm

Redfin checked: a minute ago

•Source:TMLS #10201676

Payment calculator

$7,851 per month

Principal and interest$6,737

Property taxes

$812

HOA dues

Home insurance

$302

Utilities

Add

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT, 11AM TO 1PM
$450,000
3 beds2.5 baths1,501 sq ft
1619 Crafton Way, Raleigh, NC 27607
$262 HOA • Garage • Community pool
OPEN SAT, 12PM TO 2PM
$739,500
4 beds3 baths2,793 sq ft
120 Roslyn Hills Dr, Holly Springs, NC 27540
0.31 acre lot • 2 garage spots • Community pool
OPEN SAT, 12PM TO 2PM3D WALKTHROUGH
$710,000
3 beds2.5 baths2,308 sq ft
2900 Whitehart Ln, Raleigh, NC 27606
0.73 acre lot • 2 garage spots • Community pool
OPEN SAT, 12PM TO 3PM
$520,000
3 beds2.5 baths2,100 sq ft
3829 Olympia Dr, Raleigh, NC 27603
3,920 sq ft lot • 2 garage spots • Community pool
OPEN SAT, 1PM TO 3PM
$300,000
3 beds2 baths1,400 sq ft
5801 Phaeton Cir, Raleigh, NC 27606
0.47 acre lot • Built 1972
OPEN SAT, 1PM TO 3PM
$599,900
3 beds2.5 baths2,269 sq ft
140 Shirley Dr, Cary, NC 27511
0.37 acre lot • Built 1966
OPEN SAT, 2PM TO 4PM
$700,000
4 beds2.5 baths3,151 sq ft
6000 Larboard Dr, Apex, NC 27539
0.44 acre lot • 2 garage spots • Community pool
OPEN SAT, 2PM TO 4PM
$650,000
3 beds2.5 baths2,410 sq ft
1229 Wedgeland Dr, Raleigh, NC 27615
7,841 sq ft lot • 2 garage spots • Built 1998
OPEN SUN, 2PM TO 4PM
$520,000
4 beds2.5 baths2,139 sq ft
5412 Ingate Way, Raleigh, NC 27613
9,148 sq ft lot • 2 garage spots • Community pool
OPEN SUN, 2PM TO 4PM
$374,900
3 beds2 baths1,914 sq ft
3047 Coxindale Dr, Raleigh, NC 27615
$165 HOA • 2 garage spots • Built 2000

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Around this home

Schools

K - 12
Preschool & daycare

Kingswood Elementary

Public PreK-5 • Assigned • 3.2mi

8/10

Reedy Creek Middle

Public 6-8 • Assigned • 3.1mi

8/10

Athens Drive High

Public 9-12 • Assigned • 1.6mi

8/10

Provided by GreatSchools

About Mount

Vernon

Mount Vernon, located between Glenwood Avenue and Wade Avenue, is a residential and historic Raleigh neighborhood with leafy streets and mid-century character. The neighborhood’s energy concentrates around the Glenwood Avenue corridor near the Five Points area, where independent cafes, corner markets, and longtime eateries set a steady, walkable rhythm. Iconic local pillars nearby include Hayes Barton Cafe & Dessertery, Rialto Theatre, and NOFO @ the Pig. Brick ranches and classic cottages sit under mature oaks, giving blocks a settled, architectural continuity. Small parks and greenway links shape daily routines toward walking and biking. Downtown Raleigh and the NC Museum of Art corridor sit a short drive away, keeping culture and dining within reach.

Provided by Walk Score and Local Logic

Property details

Exterior
Finance

Exterior features
Heavily wooded
Public road frontage

Utilities
Public sewer
Electricity available
Sewer available
Water available
Public water

Sale and tax history for 5740 Chapel Hill Rd

Sale History
Tax History

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

2.05 Acres

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Wake County

APN

0784.18 22 5368 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Nov 4, 2026.

IX-3-PL

Industrial Mixed Use District-3 Stories-Parking Limited Frontage

IX is intended to provide for a variety of light industrial and manufacturing uses while allowing for retail, service and commercial activity and limited housing opportunities. To help ensure that land is reserved for manufacturing and employment, residential uses are limited to the upper Stories of mixed use buildings.; IX is not intended to provide for areas exclusively dominated by light industrial or manufacturing but provide for developments that incorporate commercial uses with housing, retail and servicerelated activity.; IX can serve as a land use transition between heavy industrial areas and mixed use districts.; The PL Frontage is intended for areas where access to buildings by automobile is desired but where some level of walkability is maintained. Permits a maximum of 2 bays of onsite parking with a single drive aisle between the building and the street right-of-way.

Permitted uses

Include but are not limited to:

General retail
Restaurant
Housing-Group
Housing-Senior
Industrial
Manufacturing
Warehouse
Office
Research & development
Shopping centers

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 104° expected this year, 17 days in 30 years

6/10 Wind Factor

53% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Raleigh, NC • 27607

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

68/ 100

Moderate sunlight

Sunscore

There appears to be some shading by surrounding buildings, terrain, and vegetation.

9.1 hrs

5.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5740 Chapel Hill Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $674,850 and $724,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $675K to $724K.

SOLD JUN 1, 2026
$686,983 Last sold price
3 beds3 baths1,757 sq ft
716 Grayhaven Pl, Raleigh, NC 27606
SOLD OCT 19, 2026
$724,000 Last sold price
4 beds2.5 baths2,516 sq ft
315 Grand Ave, Raleigh, NC 27606
smaller lot
SOLD JUN 24, 2026
$685,000 Last sold price
4 beds3.5 baths2,489 sq ft
4412 Spiedie Ct, Raleigh, NC 27606
smaller lot
SOLD OCT 14, 2026
$694,690 Last sold price
3 beds3 baths1,757 sq ft
712 Grayhaven Pl, Raleigh, NC 27606
smaller lot
SOLD JUN 24, 2026
$700,000 Last sold price
Land— sq ft
902 Chaney Rd, Raleigh, NC 27606
smaller lot
SOLD MAR 20, 2026
$674,850 Last sold price
3 beds3 baths1,757 sq ft
704 Grayhaven Pl, Raleigh, NC 27606

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Early Access listings

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Onsite dog park • Main-level bedroom • Open-concept design

NEW 22 HRS AGO

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Private setting • No hoa • Recreational space

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Custom built home • Natural light • Custom finishes

OPEN FRI, 1PM TO 5PM3D WALKTHROUGH

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$150 HOA • 2 garage spots • Built 2026

NEW CONSTRUCTION3D WALKTHROUGH

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Welcoming foyer • Private study • Island kitchen

Listing provided by Zillow

NEW 23 HRS AGO

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Buildable lot • Corner lot • 0.27 acre lot

New listings for sale in 27607

NEW 1 MIN AGO

$1,583,000

3 beds2.5 baths3,437 sq ft

1514 Duplin Rd, Raleigh, NC 27607

0.32 acre lot • 2 garage spots • Built 2007

OPEN SAT, 11AM TO 1PM

$450,000

3 beds2.5 baths1,501 sq ft

1619 Crafton Way, Raleigh, NC 27607

Great neighborhood • Park • Playground

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Walk-in closet • Ensuite bath • Wooded lot

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Tree-lined street • Covered front porch • 5,663 sq ft lot

Details provided by TMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Interested in buying?

Around this home

Schools

Property details

Sale and tax history for 5740 Chapel Hill Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 5740 Chapel Hill Rd

Early Access listings

Nearby similar homes

New listings for sale in 27607

More real estate resources