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.
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, publicly maintained road access
Home design
Single property on a 0.1-acre lot
Zoned NX-3
Construction
Built prior to listing (year not specified)
Utilities
Public water
Public sewer
Other utilities available
HOA & community
No association
Not a senior community
Financial info
Annual tax reported
Other
Located in Wake County
Postal code 27610
Directions available to property
Electricity and solar
View estimated energy costs and solar savings for this home
Neighborhood Mixed Use District-3 Stories-Parking Limited Frontage
NX is intended to provide for a variety of residential, retail, service and commercial uses all within walking distance of residential neighborhoods.; To limit the overall scale, NX has a maximum lot size of 10 acres. Maximum height limits should be compatible with adjacent residential development.; 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
Bed & breakfast
Office
Medical office
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
7/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
61% 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 • 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
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 26% for direct sun exposure in Raleigh. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 711 Rock Quarry Rd
$190,601
$9,399 under list price of $200K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $160K to $280K.