7705 Louisburg RD, Raleigh, NC 27616
7705 Louisburg RD, Raleigh, NC 27616
7705 Louisburg RD, Raleigh, NC 27616
7705 Louisburg RD, Raleigh, NC 27616
7705 Louisburg RD, Raleigh, NC 27616
7705 Louisburg RD, Raleigh, NC 27616
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Kharmika Alston

Kharmika Alston

+1(919) 672-4905
Listed by Whitetail Properties, LLC
$ 1,750,000
Est. payment | /mo

2 Baths

1,670 SqFt

Save
$ 1,750,000
Est. payment | /mo
Save

2 Baths

1,670 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,670 sqft

Price per Sqft $1,047

MLS Listing ID 10194548

HOA Y/N No

Year Built 1966

Annual Tax Amount $3,320

Lot Size 3.660 Acres

Acres 3.66

Lot Dimensions 265'x700'x200'x887'

Property Sub-Type Mixed Use

Source Doorify MLS

Land Area 1670

Property Description

Exceptional investment opportunity in one of Raleigh's rapidly expanding growth corridors. This 3.66+/- acre property offers nearly 200+/- feet of highly visible frontage along US Highway 401, making it an outstanding candidate for future commercial development. Positioned just minutes from Interstate 540, the property provides outstanding accessibility while benefiting from the strong traffic counts and exposure that Highway 401 delivers. The rear of the property borders the Neuse River and also adjoins the City of Raleigh Greenway Trail, creating a unique combination of commercial potential and natural surroundings. The property is currently improved with a well-maintained home offering just over 1,600+/- square feet of living space, along with a detached garage that provides additional storage or workspace. These improvements offer immediate utility while future development plans are pursued. Currently zoned residential, the property would require rezoning for commercial use. Given its location, visibility, and surrounding growth, the highest and best use is believed to be commercial development, subject to buyer verification and local approvals. Conveniently located only Minutes from I-540, approximately 30 minutes from Raleigh-Durham International Airport (RDU), with easy access to downtown Raleigh, Wake Forest, Rolesville, and surrounding communities. Whether you're an investor, developer, or business owner searching for a premier location with exceptional highway exposure, this property presents a rare opportunity to secure a highly visible parcel in one of Wake County's fastest-growing areas. For the safety and privacy of the owners, no trespassing is permitted. All showings are by appointment only.

Location

State NC

County Wake

Area 3.66

Zoning R-4

Interior

Cooling Central Air

Fireplace No

Exterior

Utilities Available Septic Connected, Water Connected

Waterfront Description River Front

Roof Type Architectural Shingle

Garage No

Building

Lot Description Partially Cleared, Rectangular Lot, Wooded

Water Well

New Construction No

Others

Tax ID 173704740971000 0012672, 173702659236000

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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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7705 Louisburg RD