Comprising seven contiguous parcels, the site is approved for up to 48 residential condominiums and 20,000 square feet of retail space under NX-4 zoning, offering flexibility for multifamily, boutique retail, and restaurant uses.
The property is surrounded by a vibrant mix of upscale apartments, townhomes, and renovated single-family residences, with walkable access to boutique shops, local dining, and entertainment venues. Conceptual plans illustrate a thoughtfully integrated development with communal decks, structured parking, and street-level retail, designed to complement the neighborhood’s historic charm and tree-lined streets.
Strategically positioned just minutes from Downtown Raleigh, the site benefits from proximity to major employment centers, cultural attractions, and the Research Triangle’s world-class universities and workforce. Raleigh’s consistent population and income growth, combined with its national rankings for business climate and livability, make this location ideal for sustained investment success.