2040 Milburnie Road, Raleigh, NC 27610
Land
Built in ——
0.7acre lot
—— car garage
$——/sqft
Listed 10 days ago
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.
- Listing Status:
- Active
- Date Added:
- June 24, 2025 at 05:00AM
- Listing Office:
- The Equity Group : 919-225-4889
- Listing Agent:
- Ron Cooper : 919-225-4889
- MLS ID:
- 10105366

- Road/Access: City Street2 Lane Road4 Lane Road
- Originating MLS: Triangle MLS
- County: Wake
This listing courtesy of Ron Cooper, The Equity Group
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Powell Magnet Elementary School
1130 Marlborough Rd, Raleigh, NC, 27610
Grades PK-5
0.76 miles away
Longview
318 N King Charles Rd, Raleigh, NC, 27610
Grades 6-12
0.23 miles away
Phillips High School
1923 Milburnie Rd, Raleigh, NC, 27610
Grades 9-12
0.20 miles away