1011 Oberlin Road, Raleigh, NC 27605
1011 Oberlin Road, Raleigh, NC 27605
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Listed by Compass -- Cary
$599,000
Est. payment /mo
10,018 Sqft Lot
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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Not In A Subdivision

MLS Listing ID 10163240

HOA Y/N No

Annual Tax Amount $4,443

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Unimproved Land

Source Triangle MLS

Property Description

A rare opportunity to secure a premier parcel in one of Raleigh's most desirable and established locations. This exceptional property offers approved plans for a four-unit building, with construction drawings already prepared, providing a valuable head start for developers and investors looking to move quickly on a high-demand project. In a market where time, entitlement progress, and location matter more than ever, opportunities like this are increasingly scarce.

The site is ideally suited for those looking to capitalize on strong demand for well-located housing in the urban core. Whether the vision is boutique residences, investment holdings, or resale opportunities, much of the preliminary work has already been completed to help accelerate the path forward.

For buyers seeking a custom residential homesite, the parcel also presents an outstanding opportunity for a stunning single-family residence. Build a tailored home in a location where new construction options are limited and surrounded by some of Raleigh's most iconic neighborhoods.
Perfectly positioned near the Village District, the property offers immediate access to some of the city's best shopping, dining, coffee shops, fitness studios, and everyday conveniences. Enjoy close proximity to Downtown Raleigh, Glenwood South, Five Points, NC State University, and major commuter routes, all while being tucked into a location known for its charm, walkability, and enduring value.

Whether for development, investment, or a dream home, this is a chance to create something special in the heart of Raleigh.

Location

State NC

County Wake

Zoning R-10

Direction From the Compass office at Fenton in Cary, begin by heading out onto Cary Towne Boulevard/Trinity Road and turn left onto Cary Towne Boulevard. Continue as it becomes Walnut Street, then merge onto I-440 East toward Raleigh. Take Exit 3 for Hillsborough Street, keeping right at the fork to follow signs for NC State University. Turn right onto Hillsborough Street, then continue for about a mile before turning right onto Oberlin Road. Follow Oberlin Road, and 1011 Oberlin Road will be on your right.

Exterior

Utilities Available Sewer Available, Water Available

View Y/N Yes

Street Surface Asphalt

Private Pool No

Building

Faces From the Compass office at Fenton in Cary, begin by heading out onto Cary Towne Boulevard/Trinity Road and turn left onto Cary Towne Boulevard. Continue as it becomes Walnut Street, then merge onto I-440 East toward Raleigh. Take Exit 3 for Hillsborough Street, keeping right at the fork to follow signs for NC State University. Turn right onto Hillsborough Street, then continue for about a mile before turning right onto Oberlin Road. Follow Oberlin Road, and 1011 Oberlin Road will be on your right.

Sewer Public Sewer

Water Public

Schools

Elementary Schools Wake - Olds

Middle Schools Wake - Oberlin

High Schools Wake - Broughton

Others

Senior Community No

Tax ID 170409056102000 0071734

Special Listing Condition Seller Licensed Real Estate Professional


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Sean McFarlane

Sean McFarlane

+1(704) 661-4981

Agent | License ID: 300138

Agent License ID: 300138

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