5416 Chapel Hill Road, Raleigh, NC 27607

Raleigh
Local realty services provided by:ERA Strother Real Estate
5416 Chapel Hill Road,Raleigh, NC 27607
$515,000
  • 4 Beds
  • 2 Baths
  • 2,970 sq. ft.
  • Single family
  • Pending
Listed by: marika la sorsa
Office: coldwell banker hpw
MLS#:10141729
Source:RD

Price summary

  • Price:$515,000
  • Price per sq. ft.:$173.4

About this home

🏗️ Prime Development Opportunity Near the Fairgrounds !Location, Location, Location! Seize this exceptional opportunity to acquire two adjacent parcels totaling 0.92 acres of highly valuable commercial land, strategically located with unbeatable proximity to the bustling Fairgrounds and the area's planned future development zones.This offering is ideal for developers, rehabbers, investors, and businesses looking to capitalize on a high-growth corridor.Key Investment Highlights: Total Acreage: 0.92 Acres 5416 Chapel Hill rd is .49 acres and 103 Gary St is.43acres Sold separately for $356K).Strategic Location: Direct adjacency and easy access to the Fairgrounds, making it perfect for supporting businesses, hospitality, or mixed-use development (subject to zoning approval).Development Ready: The value lies squarely in the land. Both existing structures are tear-downs, offering a clean slate for your vision. Demolition Quotes Available: We have secured preliminary...

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Home facts

  • Year built:1930
  • Listing ID #:10141729
  • Added:69 day(s) ago
  • Updated:March 27, 2026 at 07:35 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Rooms Total:16
  • Flooring:Hardwood, Tile
  • Basement Description:Exterior Entry, Unfinished
  • Living area:2,970 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1930
  • Building area:2,970 sq. ft.
  • Lot area:0.49 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Foundation Description:Combination
  • Levels:Two

Schools

  • High school:Wake County Schools
  • Middle school:Wake County Schools
  • Elementary school:Wake County Schools

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$515,000
  • Price per sq. ft.:$173.4
  • Tax amount:$3,150

Parking

  • Carport spaces:1
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