The site was recently rezoned to CX-12-CU (Commercial Mixed Use – 12 Stories Conditional Use), allowing significant flexibility for residential, retail, office, and mixed-use development opportunities. Approved entitlements permit up to 236 residential units, 65,000 square feet of office space, and 25,000 square feet of retail space.
Surrounded by ongoing residential and commercial growth, the property presents an attractive opportunity for multifamily, mixed-use, gas station, self-storage/storage units,convenience retail, express car wash, medical office, QSR, or investment redevelopment projects subject to applicable approvals and site planning.
The location offers excellent connectivity to Downtown Raleigh, I-440, New Bern Avenue, and major employment and retail corridors throughout Wake County. Strong population growth, increasing housing demand, and continued commercial expansion in the surrounding area support long-term appreciation potential.
Great site for Carwash or Gas station as well at the corner.
