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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1501 Carolina Pines Ave , Raleigh, NC 27603
$5,200,000
Est. Payment: $26,796.67/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 312
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

A rare development opportunity in one of Raleigh's fastest-growing corridors. This offering includes five contiguous parcels at 1501, 1511, and 1515 Carolina Pines Avenue, along with 2109 and 2117 Lake Wheeler Road, totaling a substantial assemblage of 8+ acres in a highly desirable location. Situated just minutes from Downtown Raleigh, NC State University, I-40, and the burgeoning mixed-use growth along Lake Wheeler Road, this property provides unmatched visibility and accessibility for future development. Opportunities of this scale are increasingly rare within the city limits, making this assemblage a prime candidate for residential, mixed-use, or commercial development (subject to zoning and city approval). Developers and investors will appreciate both the strong demographic growth in the area and the site's proximity to employment, education, and entertainment hubs. Whether you're looking to create a signature community, a multi-family project, or a high-profile commercial destination, this assemblage represents a once-in-a-generation chance to secure a large development footprint in a premier Raleigh location.

Highlights

Listed by Jonathan Edmiston , 919-391-6377 HomeSmart Expert Realty , 919-583-7711. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Commercial Sale

Lot/Acreage
8.44

County

Wake

Listing ID

10120542

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Interior Features

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

Exterior Features

Lot Dimensions:irregular
Principal Interest
$26,797
Taxes
$158

Home Price

$5,200,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$1,040,000
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:
$26,796.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $26,796.67 $158.07 $0.00 $26,954.74
Yearly $321,560.05 $1,896.82 $0.00 $323,456.87
Total $9,646,801.38 $56,904.60 $0.00 $9,703,705.98

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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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.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-02T03:27:34.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina