12 N Tarboro ST, Raleigh, NC 27610
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Core Realty Advisors

Core Realty Advisors

+1(919) 295-3660
Listed by RED Realty Group, Inc.
$ 3,450,000
Est. payment | /mo
Save
$ 3,450,000
Est. payment | /mo
Save

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Edenton

MLS Listing ID 10105143

HOA Y/N No

Annual Tax Amount $8,209

Acres 0.97

Lot Dimensions 205x208x217x198

Property Sub-Type Unimproved Land

Source Doorify MLS

Property Description

Location, Location, Location! 4 prime lots (12,14,18,20 Tarboro St) on Raleigh East corridor. Half of the whole block. Totally 0.97 Acres in the heart of Downtown Raleigh. Minutes from Raleigh's vibrant urban core, easy access to dining, shopping, entertainment. Diagonally opposite the Edenton St is the Old DMV HQ. City of Raleigh is working on the plan. It will be a community hub. Raleigh Bus Rapid Transit (BRT) has Tarboro stop at the other corner of the Edenton street. Tarboro Community Center is cross the road of Tarboro St.
Edenton Court Project site plan already has approved by City of Raleigh which contains 23 townhouses in 3 buildings with 48 parking lots. Each building 3 stories high with flat rooftop terrace. Plans details (site plan and draft building plan) can be provided to serious buyers. With the Zoning changed to RX-4, you have 1 more story to work on the building plan.
Zoning is RX-4 with TOD. There is also an opportunity to build 6 stories if you want to do a bigger project. We also have 4 lots (0.46 acres) available cross the Boyer St. Maybe good for a parking building for your 6-story project.
Don't miss out on the opportunity to create something special in one of Raleigh's most desirable areas!

Location

State NC

County Wake

Community Edenton

Area 0.97

Zoning RX-4 w/TOD

Interior

Fireplace No

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Garage No

Building

Lot Description City Lot, Corner Lot, Level

Water Public

New Construction No

Schools

Elementary Schools Wake - Powell Elementary

Middle Schools Wake - Ligon Middle

High Schools Wake - Needham Broughton High

Others

Acceptable Financing Contract

Listing Terms Contract

Doorify MLS

NEARBY SCHOOL & BUSINESS

Core Realty Advisors

+1(919) 295-3660

info@coresoldit.com

5966 Fairview Rd, Suite 400, Charlotte, NC, 28210, United States

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12 N Tarboro ST