Raleigh, NC 27610,2040 Milburnie Road
Raleigh, NC 27610,2040 Milburnie Road
Raleigh, NC 27610,2040 Milburnie Road
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Listed by The Equity Group
$1,300,000
Est. payment /mo
0.7 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Longview Park

MLS Listing ID 10105366

HOA Y/N No

Annual Tax Amount $3,131

Lot Size 0.700 Acres

Acres 0.7

Property Sub-Type Unimproved Land

Source Triangle MLS

Property Description

LOCATION, LOCATION, LOCATION;
Great corner lot convenient to downtown Raleigh at the intersection of North Raleigh Blvd and Milburnie Road;
Outstanding Investment Opportunity; Property Zoned R6 at .7 Acres with the option to pursue multiple build scenarios via subdividing the lot and building single-family, townhomes or duplexes which has to be approved by the Raleigh Planning Department; Raleigh Planning indicates they are receptive to more dense building and possible rezoning based on the new owner interest, again subject to the Raleigh Planning Department Approval: Owner plans to have existing home moved from the lot prior to closing however may be willing to include the home in the sale as-is to the buyer if not able to get it moved in sufficient time. There is a vacant attached lot to our listing on Colleton. If you are able to convince that owner to sell along with buying our property would provide sizeable area on that corner to make a development impact. All Offers presented to Seller!

Location

State NC

County Wake

Zoning R6

Direction From RDU, go I-40E, Exit 289 Wade Ave, to I-440 and Hwy 1 North, Right Turn Wake Forest Road, Left Turn Brookside Drive, Left Turn Glascock St, Right Turn North Raleigh Blvd, Left Turn Milburnie Road, property on your right.

Exterior

Utilities Available Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected

View Y/N Yes

Street Surface Paved

Private Pool No

Building

Faces From RDU, go I-40E, Exit 289 Wade Ave, to I-440 and Hwy 1 North, Right Turn Wake Forest Road, Left Turn Brookside Drive, Left Turn Glascock St, Right Turn North Raleigh Blvd, Left Turn Milburnie Road, property on your right.

Sewer Public Sewer

Water Public

Schools

Elementary Schools Wake - Underwood

Middle Schools Wake - Martin

High Schools Wake - Enloe

Others

Senior Community false

Special Listing Condition Standard


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Doorify MLS / Triangle MLS
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