Land for Sale in Raleigh, North Carolina
627 Maywood Ave Raleigh, NC 27603
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
- County
- Wake County
- Community
- Caraleigh
- Elevation
- 256 feet
- MLS Number
- TRIANGLE 10037313
- Date Posted
Property taxes
- 2024
- $2,940
Detailed attributes
Listing
- Type
- Land
- Subtype
- Unimproved Land
Exterior
- Features
- Curb/Gutter
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Wake - Farmington Woods | Elementary | — | — |
Wake - Martin | Middle | — | — |
Wake - Broughton | High | — | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Aug 9, 2024 | Price drop | $475,000 | $60,000 -11.2% | TRIANGLE |
June 22, 2024 | New listing | $535,000 | — | TRIANGLE |