Land for Sale in Raleigh, North Carolina

627 Maywood Ave Raleigh, NC 27603

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$475,000
0.13 acres
Active sale$60k dropEst $3,650/mo

Rare opportunity to purchase one or two multi-unit sites in one of the hottest development areas in Downtown Raleigh. 525 & 627 Maywood are available separately or as a package. Being nearly identical, there may be permitting and construction efficiencies if both lots are purchased together.

Located on each corner of the charming Caraleigh Commons neighborhood in Downtown South, these lots are ready to build out and zoned for 4-6 condominiums. All site improvements and underground utilities are already installed for 4 unit townhouse style condos. Potential exists for up-zoning for up to 12 condos each with skyline views or down zoned to 2 SFH lots each. The development includes a greenspace, a greenway connection and easy access to Dix Park, Farmers Market, and the upcoming Downtown South Development. Broker owned.

Property details

Coordinates
35.761, -78.6566
Community
Caraleigh
Elevation
256 feet
MLS Number
TRIANGLE 10037313
Date Posted

Property taxes

2024
$2,940

This 0.13-acre property is located at 627 Maywood Ave in Raleigh, NC 27603 with latitude 35.761 and longitude -78.6566. The property is currently available for sale for $475,000 with a price per acre of $3,653,846. Listing data is sourced from Triangle MLS # 10037313.

Verify sale details at the property source or contact Cityspace Management at (919) 271-1021.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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