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$375,000
10178353 MLS
Rare 1.82-acre residential homesite in the highly sought-after Bailey's Retreat community. This estate-sized lot offers a unique opportunity to build a custom home in an established neighborhood featuring executive-style residences and spacious homesites. The property provides privacy, mature surroundings, and generous road frontage while remaining conveniently located near Raleigh, Cary, Research Triangle Park, I-40, shopping, dining, and top-rated schools. The lot's size and configuration allow flexibility for a custom residence, outdoor living areas, and other amenities, subject to applicable approvals. Ideal for custom builders, developers, or end users seeking a premium homesite in a desirable Wake County location.

1433 Baileys Run Ct, Raleigh

Seller Representative Aspire Real Estate And Develop

$2,097,000
10176488 MLS Older House BLDG.
Prime 4± Acre Commercial Development Opportunity Brack Penny Road | Garner, North Carolina An exceptional opportunity to develop in one of the Triangle's most dynamic and rapidly expanding commercial corridors. This premier 4± acre commercial development site is strategically located on Brack Penny Road, just off NC Highway 50, in Garner, North Carolina. As part of a larger mixed-use development, the property offers outstanding visibility, accessibility, and tremendous long-term investment potential. Positioned adjacent to The Manors at Pecan Grove, one of the area's newest residential communities, the site benefits from an expanding customer base fueled by significant residential growth. It is also surrounded by established retail destinations, including Publix, Food Lion, Sheetz, and Common Creek Shopping Center, creating a vibrant commercial environment with strong consumer traffic and excellent market exposure. The Highway 50/Highway 42 corridor has become one of the most sought-after commercial growth areas in Wake and Johnston Counties. Thousands of new homes are planned or under construction, bringing continued demand for retail, restaurants, healthcare, professional offices, financial institutions, hospitality, and service-oriented businesses. With the new I-540 extension just minutes away, accessibility and regional connectivity continue to enhance the property's long-term value and appeal. Property Features Approximately 4 acres of prime commercial land Located within a larger master-planned mixed-use development Adjacent to The Manors at Pecan Grove residential community Neighboring Publix, Food Lion, Sheetz, and Common Creek Shopping Center Excellent frontage, visibility, and convenient access from NC Highway 50 Minutes from the I-540 interchange, providing direct access throughout the Triangle Surrounded by substantial existing and future residential development Ideal for retail, restaurants, medical, office, banking, hospitality, and other commercial uses Excellent opportunity for developers, investors, and owner-users seeking a premier location Opportunities to acquire commercial land in this highly desirable growth corridor are becoming increasingly limited. Whether your vision is to develop a signature retail destination, establish a corporate presence, or secure a strategic long-term investment, this property offers an exceptional opportunity in one of North Carolina's strongest commercial markets. Join the momentum in Garner's premier growth corridor, where residential expansion, national retailers, and major infrastructure investments are driving sustained commercial growth and creating exceptional opportunities for forward-thinking developers and businesses.

7036 Brack Penny Rd, Raleigh

Seller Representative Ramsey Realtors Team Inc

$785,000
10174433 MLS
An exceptional, low-maintenance investment opportunity to acquire a prime commercial retail condominium in Raleigh's highly trafficked Millbrook Lake Center. Offered at $785,000, this property features an established, long-term laundromat tenant generating immediate, reliable cash flow. Because the tenant owns the equipment and handles operational costs, this asset offers an investor a true "hands-off" passive stream of income. Financial & Investment Highlights Immediate Cash Flow: Generates a steady, predictable income of $5,000 per month ($60,000 annually) from day one. Strong Yield: Offering an attractive 7.64% gross capitalization yield at the current asking price. Absolute Passive Structure: The tenant owns 100% of the commercial laundromat equipment. Under the current agreement, the tenant is fully responsible for all equipment maintenance, property repairs, and any additional assessments, insulating the landlord from unexpected operational expenses. Strategic Location & Property Features Prime Raleigh Location: Situated in a high-visibility retail strip right off the bus line with easy access to US-1 and the I-440 beltline. Built-In Customer Base: Surrounded by dense, multi-family residential complexes and established neighborhoods, ensuring a permanent demand for the tenant's services and long-term viability for the location. Excellent Asset Condition: Modern, second-generation commercial buildout featuring tenant-controlled HVAC, updated storefront signage, and ample shared parking within the center. Property Overview Property Type: Retail Commercial Condominium Current Use: Tenant-Operated Laundromat Monthly Income: $5,000/month ($60,000/year) Maintenance & Expenses: 100% Tenant responsibility (Repairs, maintenance, and assessments) Financing Structure Seller Financing Potential: The owner is open to considering flexible owner-financing structures or creative deal structuring for well-qualified buyers with a substantial down payment. Inquire Today: Full lease details, condo association documents, and property specifics are available upon request. Contact the listing team directly to discuss terms or schedule a site visit.

2411 E Millbrook Rd Unit Suite 104, Raleigh

Seller Representative D-3 Realty Group

$415,000
4 Baths 10174161 MLS
Strategically positioned along one of Raleigh's most actively evolving urban corridors, this prominent OX-3 zoned corner property offers a rare opportunity to acquire a four-unit structure with exceptional mixed-use redevelopment, adaptive reuse, office conversion, residential repositioning, or future infill construction potential just minutes from Downtown Raleigh. Existing improvements require substantial rehabilitation and the property is being sold as-is, creating an ideal canvas for investors, developers, and visionary buyers seeking a high-visibility asset with multiple long-term value creation paths. The property is further strengthened by immediate adjacency to recently completed new home and condominium development and sits directly within the trajectory of significant public and private corridor investment, including New Bern Avenue Bus Rapid Transit infrastructure, expanding transit-oriented development momentum, rising multifamily and mixed-use demand, and increasing institutional growth connecting Downtown Raleigh, WakeMed, workforce housing nodes, and surrounding commercial services. With strong corridor presence, strategic downtown proximity, and continued redevelopment pressure throughout the surrounding area, this site represents a compelling opportunity to capitalize on one of Raleigh's emerging gateway growth corridors. Buyer to verify all intended uses with City of Raleigh. See photos of early plans of potential four-unit townhome building not yet city approved.

615 New Bern Ave, Raleigh

Seller Representative Redfin Corporation

$480,000
10172828 MLS
Rare North Hills Opportunity | Prime Lot in an Exceptional Location Build your dream home in one of Raleigh's most desirable and established neighborhoods. This rare North Hills opportunity offers an exceptional value and the chance to create a custom residence in a premier location surrounded by mature trees and upscale homes. The property features a private setting with a wooded buffer, providing a sense of seclusion while remaining close to everything North Hills has to offer. Northbrook Country Club is located directly across the street, and the nearby Greenway is just a short walk away, offering easy access to outdoor recreation and scenic trails. Enjoy the convenience of being minutes from premier shopping, dining, entertainment, major commuter routes, and all the amenities that make North Hills one of Raleigh's most sought-after destinations. Whether you're looking to build your forever home or make a strategic investment, this is a rare opportunity to secure a homesite in an unbeatable location.

Raleigh

Seller Representative EXP Realty LLC

$499,000
3 Baths 10172642 MLS
Rare North Hills Opportunity | Prime Lot in an Exceptional Location Build your dream home in one of Raleigh's most desirable and established neighborhoods. This rare North Hills opportunity offers an exceptional value and the chance to create a custom residence in a premier location surrounded by mature trees and upscale homes. The property features a private setting with a wooded buffer, providing a sense of seclusion while remaining close to everything North Hills has to offer. Northbrook Country Club is located directly across the street, and the nearby Greenway is just a short walk away, offering easy access to outdoor recreation and scenic trails. Enjoy the convenience of being minutes from premier shopping, dining, entertainment, major commuter routes, and all the amenities that make North Hills one of Raleigh's most sought-after destinations. Whether you're looking to build your forever home or make a strategic investment, this is a rare opportunity to secure a homesite in an unbeatable location.

4900 N Hills Dr, Raleigh

Seller Representative EXP Realty LLC

$1,800,000
10172633 MLS
Rare opportunity to acquire two Historic Oakwood adjacent lots in Downtown Raleigh with strong redevelopment potential. Preliminary review suggests the parcels may be suitable for subdivision into as many as four residential lots, creating an attractive opportunity for builders, developers, or investors. Buyer is solely responsible for conducting all due diligence and confirming subdivision feasibility, zoning compliance, utility availability, and all applicable governmental approvals. 550 E Jones St. and the neighboring 552 E Jones St. are being listed together and are being sold together for a total asking price of $1,800,000 for .43 acres in the Highly Desirable neighborhood of Historic Oakwood in Downtown Raleigh.

550 E Jones St, Raleigh

Seller Representative Steeloak Residential LLC

$479,000
10172565 MLS
One of the last available Inside the Beltline homesites directly across from Carolina Country Club. This cleared 0.26-acre lot on Edenburgh sits in the heart of Budleigh, a neighborhood whose architectural character, mature streetscape, and Carolina Country Club frontage have sustained desirability across every market cycle. Public water, public sewer, R-6 residential zoning, and basement potential are confirmed. A recently completed Copper Builders custom home at the adjacent address demonstrates the scale and quality this lot commands. Glenwood Village, Harris Teeter, Glenwood Grill, NoFo @ the Pig, Hayes Barton Cafe, Trophy Brewing and Pizza, and Postino Village District are all within easy reach, Inside the Beltline. Downtown Raleigh is two to three miles south, with I-440 providing direct access to North Hills, RDU, Rex Hospital, and the Triangle. The kind of ITB build opportunity that buyers wait years to find.

107 Edenburgh Rd, Raleigh

Seller Representative Compass -- Raleigh

$189,000
10171644 MLS
Prime Investment & Development Opportunity in Raleigh! Rare opportunity to acquire land within the rapidly growing city limits of Raleigh, NC. This property is ideal for investors, builders, and developers looking to capitalize on the area's continued expansion and strong demand. Positioned in a high growth corridor, this parcel offers excellent potential for development, whether for residential, new construction, or long term hold. Even more compelling, this property can be combined with additional adjacent parcels owned by the same seller creating a unique assemblage opportunity for a larger-scale project. Surrounded by ongoing development and increasing property values, this location provides both immediate upside and long term investment potential. Convenient access to major roadways, shopping, dining, and everything Raleigh has to offer enhances its desirability. Opportunities like this are becoming increasingly rare secure your position in one of North Carolina's fastest growing markets today.

1312 Joe Louis Ave, Raleigh

Seller Representative Realty One Group Greener Side

$250,000
10171632 MLS
Prime Investment & Development Opportunity in Raleigh! Rare opportunity to acquire land within the rapidly growing city limits of Raleigh, NC. This property is ideal for investors, builders, and developers looking to capitalize on the area's continued expansion and strong demand. Positioned in a high growth corridor, this parcel offers excellent potential for development, whether for residential, new construction, or long term hold. Even more compelling, this property can be combined with additional adjacent parcels owned by the same seller creating a unique assemblage opportunity for a larger-scale project. Surrounded by ongoing development and increasing property values, this location provides both immediate upside and long term investment potential. Convenient access to major roadways, shopping, dining, and everything Raleigh has to offer enhances its desirability. Opportunities like this are becoming increasingly rare secure your position in one of North Carolina's fastest growing markets today.

1304 Joe Louis Ave, Raleigh

Seller Representative Realty One Group Greener Side

$198,000
10171629 MLS
Prime Investment & Development Opportunity in Raleigh! Rare opportunity to acquire land within the rapidly growing city limits of Raleigh, NC. This property is ideal for investors, builders, and developers looking to capitalize on the area's continued expansion and strong demand. Positioned in a high growth corridor, this parcel offers excellent potential for development, whether for residential, new construction, or long term hold. Even more compelling, this property can be combined with additional adjacent parcels owned by the same seller creating a unique assemblage opportunity for a larger-scale project. Surrounded by ongoing development and increasing property values, this location provides both immediate upside and long term investment potential. Convenient access to major roadways, shopping, dining, and everything Raleigh has to offer enhances its desirability. Opportunities like this are becoming increasingly rare secure your position in one of North Carolina's fastest growing markets today.

1308 Joe Louis Ave, Raleigh

Seller Representative Realty One Group Greener Side

$200,000
10171631 MLS
Prime Investment & Development Opportunity in Raleigh! Rare opportunity to acquire land within the rapidly growing city limits of Raleigh, NC. This property is ideal for investors, builders, and developers looking to capitalize on the area's continued expansion and strong demand. Positioned in a high growth corridor, this parcel offers excellent potential for development, whether for residential, new construction, or long term hold. Even more compelling, this property can be combined with additional adjacent parcels owned by the same seller creating a unique assemblage opportunity for a larger-scale project. Surrounded by ongoing development and increasing property values, this location provides both immediate upside and long term investment potential. Convenient access to major roadways, shopping, dining, and everything Raleigh has to offer enhances its desirability. Opportunities like this are becoming increasingly rare secure your position in one of North Carolina's fastest growing markets today.

711 Rock Quarry Rd, Raleigh

Seller Representative Realty One Group Greener Side

$195,000
10171628 MLS
Prime Investment & Development Opportunity in Raleigh! Rare opportunity to acquire land within the rapidly growing city limits of Raleigh, NC. This property is ideal for investors, builders, and developers looking to capitalize on the area's continued expansion and strong demand. Positioned in a high growth corridor, this parcel offers excellent potential for development, whether for residential, new construction, or long term hold. Even more compelling, this property can be combined with additional adjacent parcels owned by the same seller creating a unique assemblage opportunity for a larger-scale project. Surrounded by ongoing development and increasing property values, this location provides both immediate upside and long term investment potential. Convenient access to major roadways, shopping, dining, and everything Raleigh has to offer enhances its desirability. Opportunities like this are becoming increasingly rare secure your position in one of North Carolina's fastest growing markets today.

703 Bart St, Raleigh

Seller Representative Realty One Group Greener Side

$200,000
10171195 MLS
Prime Investment & Development Opportunity in Raleigh! Rare opportunity to acquire land within the rapidly growing city limits of Raleigh, NC. This property is ideal for investors, builders, and developers looking to capitalize on the area's continued expansion and strong demand. Positioned in a high-growth corridor, this parcel offers excellent potential for development, whether for residential, new construction, or long-term hold. Even more compelling, this property can be combined with additional adjacent parcels owned by the same seller creating a unique assemblage opportunity for a larger-scale project. Surrounded by ongoing development and increasing property values, this location provides both immediate upside and long-term investment potential. Convenient access to major roadways, shopping, dining, and everything Raleigh has to offer enhances its desirability. Opportunities like this are becoming increasingly rare secure your position in one of North Carolina's fastest-growing markets today. Don't miss the opportunity to view my client's other active listings.

709 Rock Quarry Rd, Raleigh

Seller Representative Realty One Group Greener Side

$275,000
10169286 MLS
6.1 acre lot featuring soils suitable for a septic system, water provided by Aqua, access from a short, paved private access easement, mature hardwoods and pines, minimal covenants and no HOA. The lot is accessed by driving through Kings Ridge subdivision, but it is not part of the subdivision. Homes sales in this neighborhood range from approximately $650,000 to $800,000. The covenants allow for single-family residential, forestry and agriculture use with stick-built or off frame modular homes with a 2,200 square foot minimum size. Conveniently located a short distance to the southern outer beltline, Highway 401, Wake Tech and Costco. Contains two streams and some floodplain along the western boundary. Located 3 miles to Interstate 540, 11 miles to downtown Raleigh and 15 miles to Apex. Additional 1.1 acre lot available, see MLS 10169295 .

5305 Panther Creek Dr, Raleigh

Seller Representative Carolina Forestry & Realty

$750,000
10167936 MLS
R-6 ZONED INFILL DEVELOPMENT OPPORTUNITY -- 2.11 acres with frontage on Dutchman Road, just off Rock Quarry Road. Currently zoned R-6 (buyer to verify), with strong potential for attached residential or townhome development. Conceptual site plan prepared by licensed civil engineers shows a 15-unit townhome layout with public street, stormwater SCM, and amenity areas -- available to qualified buyers under NDA. NCDEQ on-site determination letter (DWR #24-116) already issued confirming NO Neuse Buffer Rules apply on-site -- a significant value-add that saves the next owner months of permitting time and consulting fees. NOT in a special flood hazard area per FEMA. Public water available; public sewer approximately 264 feet from site (extension required). Survey, environmental determination, and conceptual plan convey with the sale. Minutes to downtown Raleigh, I-440, and major employment corridors. Bring your builders, your investors, and your vision. Buyer to perform own due diligence on zoning, permitting, and site feasibility.

3412 Rock Quarry Rd, Raleigh

Seller Representative Coldwell Banker Advantage

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