This land at 3151 New Bern Avenue in Raleigh, NC is listed for $12,000,000 (4.89 acres).
Key Features
4.89 acre lot
Listing Description
This property has been rezoned by the City of Raleigh for CX-12-UG-CU (TOD). The zoning allows for a Residential Commercial mix development from 16 to 20 stories possible. Up to 928 units of condos, apartment and or hotel rooms. The City is underway for the first proposed BRT station at this location on New Bern Avenue. In addition to the 928 units, there is 70k square of office and 20k for commercial uses.
Location
3151 New Bern Avenue
Raleigh, NC 27610
Not in a Subdivision
Questions & Answers
This 0-bedroom, 0-bathroom land at 3151 New Bern Avenue is listed at $12,000,000. The estimated monthly payment is $64,179 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
