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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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517 Buck Jones Rd , Raleigh, NC 27606
$2,989,990
Est. Payment: $6,644.42/mo
0 Bed
0 Bath
0 Sqft
Status: Pending | Days on site: 50
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77026 - 87260,R77777
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Prime Development Opportunity in the Heart of Raleigh!Unmatched potential awaits at 517 Buck Jones Road, featuring an already approved Administrative Site Review (ASR) for a 64-unit multifamily development. Alternatively, the property allows for a transition to a 54-unit townhome community with a minor modification to the existing plan--an option that aligns with the growing demand for flexible housing solutions.Situated in a highly sought-after location, this property offers exceptional accessibility--just 5 minutes to I-440, I-40, Fenton, NC State University, Downtown Cary, and the State Fairgrounds. Its prime position at the nexus of Raleigh's growth makes it an unparalleled investment opportunity in one of the fastest-growing markets in the Triangle.Whether you envision building modern multifamily units or a vibrant townhome community, this site provides the canvas for your development goals. The existing ASR approval and its strategic location reduce development hurdles, giving you a head start on a high-impact project.Seize this rare opportunity to bring your vision to life and shape Raleigh's booming real estate landscape.
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Highlights

Listed by Charles Santos , 919-987-5068 NorthGroup Real Estate, Inc. , 704-412-2804.

Property Type

Vacant Land
Lot/Acreage
5.18

County

Wake

 Neighborhood

Roylene Acres

Listing ID

10165568

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Water:Public

Exterior Features

Lot Dimensions:see survey
Zoning:R4-FTDO
Sewer:Public Sewer,Septic Tank
Principal Interest
$6,644
Taxes
$910

Home Price

$2,989,990

Loan Details

30 yrs
%

Down Payment

20%
$597,998
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:
$6,644.42

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,644.42 $910.39 $0.00 $7,554.81
Yearly $79,733.07 $10,924.70 $0.00 $90,657.77
Total $2,391,992.00 $327,741.00 $0.00 $2,719,733.00

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.