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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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11601 Forest Pines Dr , Raleigh, NC 27614
$1,400,000
Est. Payment: $3,111.11/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 141
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72189 - 81272,87710
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House Description

Prime Development Opportunity Raleigh NC Wake County 5.09 acres! This prime commercial site offers unparalleled visibility and a built-in customer base, situated directly across from a bustling elementary school and surrounded by established residential subdivision. High-traffic area with immediate proximity to local schools and dense residential rooftops. Flexible Zoning: Currently zoned OX-3-PK (Office Mixed Use), offering a variety of professional and community-service possibilities. Development Ready: Access to Raleigh Water and Utilities Permissible Uses & Potential Take advantage of the Office Mixed Use (OX) district, designed to integrate seamlessly into the surrounding neighborhood: Medical Office: Fully permissible and ideal for the local demographic. Day Care Center: A high-demand ''limited use'' perfectly positioned for the neighborhood and school-run traffic. Retail & Pharmacy: Opportunistic limited uses that can serve the daily needs of nearby residents (consult the Raleigh UDO for specific requirements). Growth Potential: While currently approved for up to 3 stories, the site offers a path for rezoning to increase density and height via the City of Raleigh Rezoning Process. Site Investigation Report available upon request.

Highlights

Listed by Kelly Carraway , 919-441-6912 and Marguerite Greene , 919-219-9312 Century 21 Triangle Group , 919-720-4217.

Property Type

Commercial Sale

Lot/Acreage
5.09

County

Wake

Listing ID

10148919

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot Dimensions:irr see survey
Principal Interest
$3,111
Taxes
$220

Home Price

$1,400,000

Loan Details

30 yrs
%

Down Payment

20%
$280,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,111.11 $219.74 $0.00 $3,330.85
Yearly $37,333.33 $2,636.88 $0.00 $39,970.21
Total $1,120,000.00 $79,106.40 $0.00 $1,199,106.40

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Raleigh, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.