120 Pineland CIR, Raleigh, NC 27606
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Kharmika Alston

Kharmika Alston

+1(919) 672-4905
Listed by Century 21 Triangle Group
$ 799,000
Est. payment | /mo

3 Baths

0.86 Acres Lot

Save
$ 799,000
Est. payment | /mo
Save

3 Baths

0.86 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Subdivision Western Park

MLS Listing ID 10190072

HOA Y/N No

Annual Tax Amount $2,798

Lot Size 0.860 Acres

Acres 0.86

Lot Dimensions 229 ft X 130ft X 253ft x 207ft

Property Sub-Type Ranch

Source Doorify MLS

Property Description

A rare assemblage-ready opportunity in Raleigh's high-demand Blue Ridge Corridor, just minutes from NC State University and Centennial Campus. This 0.86-acre parcel is zoned R-10, the same zoning classification underlying the recently approved 61-lot townhouse/condo redevelopment at 620 Gannett St ("Brownstones at Blue Ridge"), located in this same corridor and adjacent to the successful 50-unit West End Townes community, proof of concept for high-density residential redevelopment in this immediate area. The existing home will convey to the buyer at no additional cost, giving a builder or investor the flexibility to hold, rent, or clear the site while pursuing entitlements without the carrying burden of paying for a structure that isn't the primary value driver here. The value is in the land, the zoning, and the location. Why this site works: 0.86± acres zoned R-10 — supports multifamily/townhouse-style redevelopment Zoning parity with the approved 61-unit Brownstones at Blue Ridge project at 620 Gannett St Existing home conveys at no cost — reduces upfront basis, no demo-first requirement Less than 3 miles to NC State University and Centennial Campus Minutes to Downtown Raleigh, Cary, and I-440/Western Blvd access Surrounded by active redevelopment: recent teardown-rebuilds, duplexes, and townhome projects have reshaped this corridor in the past several years Skip the years-long assemblage and rezoning process — this site offers a zoning foundation in a corridor the City of Raleigh has already shown a willingness to approve for density. Photos will be published shortly.

Location

State NC

County Wake

Community Western Park

Area 0.86

Zoning R-10

Interior

Fireplace No

Exterior

Utilities Available Septic Connected, Sewer Available, Water Connected

Garage No

Building

Lot Description See Remarks

Water Public

New Construction No

Schools

Elementary Schools Wake - Reedy Creek Elementary

Middle Schools Wake - Reedy Creek Middle

High Schools Wake - Athens Drive High

Others

Senior Community No

Tax ID 078419623075000 0064204

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Doorify MLS
Nearby Locations
Kharmika Alston

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(919) 672-4905

kharmika@livelovedurham.com

600 Park Offices Drive, 350, Durham, North Carolina 27709, USA

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120 Pineland CIR