For Sale
$1,550,000

3909 Arrow Dr Raleigh, NC 27612

0.818 Acres, Glenwood Ave, Hotel Concept Available

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 0.818-acre commercial land parcel in Raleigh, North Carolina, presents a unique investment opportunity. Located on Arrow Drive near Crabtree Valley Mall, this property boasts convenient access to major thoroughfares including US 70 (Glenwood Avenue), NC 50 (Creedmoor Road), and I-440/US 1. Zoned OP-7, permitted uses include overnight lodging, making it ideal for hospitality development. A 78-key hotel concept plan is available for review. The property's prime location offers high visibility and accessibility, catering to both business and leisure travelers. The Wake County PIN is 0795694079. This offering includes seller financing options, making it an attractive proposition for developers seeking a strategic location in a thriving market. The asking price for this exceptional property is $1,550,000. This is a rare opportunity to acquire land in a high-demand area with significant development potential. Don't miss out on this chance to secure a prime location for your next hospitality venture.

Highlights

  • 0.818-acre Glenwood Avenue lot for sale near Crabtree Valley Mall in Raleigh.
  • Excellent access to US-70, NC-50, and I-440/US-1.
  • OP-7 zoning allows hotel, medical, office, light industrial, and R&D uses.
  • 78-key hotel development plan available.
  • Wake County PIN 0795694079.
  • Seller financing offered.

Property Details for 3909 Arrow Dr

Property type
Land, Hospitality properties
Lot Size (sq. ft)
35,632 SF

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.83540337
Longitude
-78.674051

FAQs

What type of property is this?
Land - 0.818 Acres, Glenwood Ave, Hotel Concept Available
Where is the land located?
The property is located at 3909 Arrow Dr Raleigh, NC.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 0.818-acre Glenwood Avenue lot for sale near Crabtree Valley Mall in Raleigh.; Excellent access to US-70, NC-50, and I-440/US-1.; OP-7 zoning allows hotel, medical, office, light industrial, and R&D uses.
How can I contact the broker?
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3909 Arrow Dr
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