2802 Milburnie Road, Raleigh, NC 27610
Local realty services provided by:ERA Parrish Realty Legacy Group
2802 Milburnie Road,Raleigh, NC 27610
$975,000
- 1.63 Acres
- Lots / Land
- Active
Listed by: beth martin
Office: exp realty llc.
MLS#:10145535
Source:RD
Price summary
- Price:$975,000
About this home
Exceptional development opportunity in a rapidly evolving Raleigh corridor! This 1.634-acre site is zoned OX-5 and offers outstanding flexibility with a preliminary site plan supporting multifamily development or up to 10 townhomes. A recorded right-of-way provides additional access from New Bern Avenue, enhancing connectivity and future potential. The property also features a natural area that could serve as a community garden, pocket park, or other thoughtfully designed green space. Ideally located just minutes from WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail, the site is positioned to benefit from the ongoing transformation of the New Bern Avenue Bus Rapid Transit (BRT) corridor, where construction is now underway. Seller financing is available, making this a compelling opportunity to invest in Raleigh's growing transit-oriented health and education district.
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Home facts
- Subdivision & Development:Not in a Subdivision
- Listing ID #:10145535
- Added:323 day(s) ago
- Updated:August 22, 2026 at 02:57 PM
Structure and exterior
- Lot area:1.63 Acres
Schools
- High school:Wake County Schools
- Middle school:Wake County Schools
- Elementary school:Wake County Schools
Utilities
- Water:Public
- Sewer:Private Sewer
Finances and disclosures
- Price:$975,000
- Tax amount:$3,373
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