Exceptional development opportunity in Raleigh's rapidly evolving New Bern Avenue corridor! This 1.63-acre property is zoned OX-5-TOD, offering flexible development possibilities, including multifamily residential, with a five-story height designation.
A recorded cross-access easement provides connectivity toward New Bern Avenue.
Ideally located near WakeMed Raleigh, I-440, Downtown Raleigh, and the Crabtree Creek Trail, the property is well-positioned near the planned Bus Rapid Transit (BRT) improvements.
Comprehensive due diligence reports, conceptual plans, and supporting documentation are available upon request. Development subject to applicable approvals.
4 categories
Near 2802 Milburnie Road · Raleigh, NC 27610
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
What nearby homes sold for, the full listing history, the neighborhood numbers — that’s the homework we do on every home before you make a move.


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