Excellent infill development opportunity in a prime Raleigh location. Zoned OX-5 (Mixed Use), this 1.634-acre site supports multifamily or townhome development. A preliminary concept illustrates an apartment configuration or up to 10 townhomes. Recently recombined, the property includes a recorded right-of-way for access from New Bern Avenue, along with frontage on Milburnie Road. A natural area on site offers potential for a pocket park, walking trail, or community green space. Positioned along the New Bern Avenue Bus Rapid Transit (BRT) corridor, now under construction, and located within a growing transit-oriented corridor. Minutes to WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail. Survey, maps, and concept information available upon request. Seller financing available.