The zoning is for CX-12-UG-CU(TOD). This zoning is for commercial mixed use development at a maximum height of 16 to 20 stories. It will allow office and retail with with up to 920 residential units. Good site for a mix hotel and residential units. The City of Raleigh is proposing it's first BRT station at this location on New Bern Ave. This is an excellent opportunity for first floor retail, office, medical, senior housing, apartments, hotel and more.
This land located at 3151 New Bern Avenue, Raleigh, NC 27610 is currently listed for sale by Howard Perry & Walston Realtor, with an asking price of $12,000,000. The property has approximately 4.89 Acres. Search Raleigh real estate.
Estimated Payment$ 53,867.87 per month $50,367.87 Principal & Interest $0.00 Property Tax (data not provided by mls) $3,500.00 Homeowner's Insurance
Howard Perry & Walston Realtor
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