611 & 613 Powell Drive, Raleigh, North Carolina, 27606
$6,000,000
Lot and Land
One of the LAST large parcels in downtown RALEIGH! Don't miss your chance to own almost 6 acres of property inside the I-40 belt line. Build your own private secluded home or develop into a multiple homesites. Zoned R4 with ability to build Single Family Homes or 2 townhomes with a 65' width minimum under the conventional development option, see Raleigh UDO for minimum lot requirements. Raleigh UDO: https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance The lot being sold is approximately 985ft x 252ft. The property is minutes from Cary, Apex, Garner, Durham, Morrisville, NC State, Bus lines, shopping, restaurants, and entertainment. New SFH in the area selling for around $950k. Homes are of no value and both parcels of 611 and 613 Powell will only be sold together. Cameras onsite, please do not walk property without an appointment.
Utilities : Sewer Available, Water Available
Water Source : Public
Sewer Source : Public Sewer
Lot Features : City Lot, Gentle Sloping, Hardwood Trees, Near Public Transit, Partially Cleared, Split Possible, See Remarks
Road Frontage Type : Public Road
Road Frontage Type : Paved
Current Use : Investment, Residential, Unimproved, Vacant
Possible Use: Development, Investment, Residential, Single Family, Subdivision, Unimproved, Vacant
Special Listing Conditions: Seller Not Owner of Record
Street Address: 611 & 613 Powell Drive
City: Raleigh
State: North Carolina
Postal Code: 27606
County: Wake
MLS Number: 10074150
Courtesy of Better Homes & Gardens Real Es
Courtesy of Coldwell Banker HPW
Courtesy of TradeMark Residential