Prime Investment & Development Opportunity in Raleigh! Rare opportunity to acquire land within the rapidly growing city limits of Raleigh, NC. This property is ideal for investors, builders, and developers looking to capitalize on the area's continued expansion and strong demand. Positioned in a high-growth corridor, this parcel offers excellent potential for development, whether for residential, new construction, or long-term hold. Even more compelling, this property can be combined with additional adjacent parcels owned by the same seller creating a unique assemblage opportunity for a larger-scale project. Surrounded by ongoing development and increasing property values, this location provides both immediate upside and long-term investment potential. Convenient access to major roadways, shopping, dining, and everything Raleigh has to offer enhances its desirability. Opportunities like this are becoming increasingly rare secure your position in one of North Carolina's fastest-growing markets today. Don't miss the opportunity to view my client's other active listings.
Vacant landProperty Type
4,356 sq ftLot Size
$46Price/Sq.Ft.
Listed by Sandy Ballesteros• Realty One Group Greener Side
South Central Raleigh, located between Downtown Raleigh and Walnut Creek, is a historic and residential Raleigh neighborhood with a street-grid layout and greenway edges. The neighborhood’s character concentrates around S Wilmington St near Martin Luther King Jr Blvd, where storefronts, murals, and steady foot traffic set an urban cadence. Longleaf Swine BBQ at Transfer Co. Food Hall and Trophy Brewing & Taproom help define the area’s food-and-drink culture. Early-20th-century bungalows and brick ranches mix with newer infill along wide, tree-lined blocks. Dorothea Dix Park frames the west side with open lawns and skyline views. Walnut Creek Trail adds a car-light route for walking and biking.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Cleared vegetation
Exterior features
City street frontage
Paved road access
Publicly maintained road
Home design
Zoned CX-3
Construction
Built on lot with cleared vegetation
Utilities
Public water
Public sewer
Other utilities
HOA & community
No association
Not a senior community
Financial info
Annual taxes reported
Other
Located in Wake County
Postal code 27610
Coordinates: 35.770825, -78.620028
Directions available
Electricity and solar
View estimated energy costs and solar savings for this home
Commercial Mixed Use District-3 Stories-Parking Limited Frontage
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.; 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 on-site 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-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Manufacturing
Office
Shopping centers
Aug 3, 2023 • Final
Residential electrical new service/install
Install a temporary electrical power pole.
Electrical
Ev charger
Jul 31, 2023 • Final
Commercial trade permit. electrical, mechanical or plumbing
Install an overhead temporary construction service pole.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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
64
72
51
66
44
54
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 709 Rock Quarry Rd
$197,827
$2,173 under list price of $200K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $160K to $275K.