301 W Cabarrus Street is a downtown Raleigh parcel comprising an industrial warehouse and surface parking. The site measures approximately 1.05 acres and is zoned DX-12-UG, allowing for vertical development up to 12 stories. An active administrative site review exists for a multifamily project. The property is located near Raleigh Convention Center, Red Hat Amphitheater, and Union Station, with proximity to major transportation and entertainment amenities. The existing structure was built in 1957 and renovation occurred in 2026.