Excellent development opportunity in prime Raleigh location! Zoned OX-5 (Mixed Use) with an unapproved preliminary concept plan for an apartment building or up to 10 townhomes. The property also features a natural area ideal for a community garden, pocket park, walking trail, or other landscaped amenity. Recently recombined to 1.634 acres; ROW agreement in place for access from New Bern Ave; Milburnie Rd frontage. The New Bern Ave BRT (Bus Rapid Transit) corridor is slated to begin construction late 2025—positioning this site in a fast-growing, transit-oriented health and education district. Minutes to WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail. Additional maps and proposal information available upon request. Attractive seller financing options available for qualified buyers.