407411 N Boylan AVE, Raleigh, NC 27603
407411 N Boylan AVE, Raleigh, NC 27603
407411 N Boylan AVE, Raleigh, NC 27603
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Sean McFarlane

Sean McFarlane

+1(704) 661-4981
Listed by Compass -- Raleigh
$1,699,000
Est. payment /mo
4,492 SqFt
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UPDATED:

Key Details

Property Type Vacant Land, Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 4,492 sqft

Price per Sqft $378

MLS Listing ID 10159858

HOA Y/N No

Year Built 1910

Annual Tax Amount $17,928

Lot Size 4,492 Sqft

Acres 0.26

Lot Dimensions Refer to Wake County GIS

Property Sub-Type Unimproved Land

Source Doorify MLS

Land Area 4492

Property Description

Incredible development/renovation opportunity at Glenwood South, in the heart of Downtown Raleigh. A rare chance to build in one of the city's most active and desirable neighborhoods, with a high visibility location, strong foot traffic and walkable access to Raleigh's premier dining, nightlife, and entertainment. Two adjacent parcels (407 & 411 N. Boylan Ave) being sold together as one listing, offering a combined 0.26 acres (0.13 acres each) with three existing dwellings on the 2 lots totaling approx. 4,492 sqft. Zoned OX-3 (mixed-use, residential with business use), the site supports a wide range of uses including detached single-family, townhomes, condos/apartments, retail, office, or a combination of mixed-use development (ex. commercial on the ground floor, residential above). Parcels may be developed together or separately. Maximum building height is 3 stories under current zoning. Subject to NCOD overlay, which includes restrictions on roof pitch, setbacks, and similar design standards (see private agent remarks for details). Rezoning is possible and may allow for higher density or additional stories (several surrounding properties have already done so successfully). Utilities are available. All development potential is subject to final review and approval by surveyors, engineers, and the City of Raleigh. First photos of lots cleared + built on, are all virtually rendered!

Location

State NC

County Wake

Area 0.26

Zoning OX-3

Interior

Interior Features Other

Cooling Other

Flooring Other

Fireplace No

Exterior

Exterior Feature Other

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

Roof Type Other

Garage No

Building

Lot Description City Lot, Rectangular Lot, Zero Lot Line

Foundation Other

New Construction No

Others

Tax ID 1704.18-40-0938 0044238 01 & 1704.18-41-0023 0014

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Sean McFarlane

Sean McFarlane

+1(704) 661-4981

Agent | License ID: 300138

Agent License ID: 300138

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