For Sale
$1,750,000

565 Person St Raleigh, NC 27604

.35-acre lot, Nx-3 zoning, prime location.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional .35-acre commercial land parcel presents a unique investment opportunity in Raleigh's desirable Mordecai neighborhood. Located at 565 N Person St, the property boasts excellent frontage on North Person Street, offering high visibility and accessibility. The zoning designation is Nx-3, permitting a wide range of retail and business uses, making it ideal for entrepreneurs and developers alike. The area is already thriving with numerous restaurants and retail establishments, ensuring a strong customer base and vibrant atmosphere. Currently utilized as a parking lot for Krispy Kreme, the lot has recently undergone improvements, including fresh asphalt and designated parking spaces. Note that the property is subject to a land lease agreement with Krispy Kreme. This prime location, combined with its flexible zoning and recent improvements, makes this a compelling opportunity for those seeking a high-impact commercial investment in a sought-after Raleigh neighborhood. The asking price for this exceptional property is $1,750,000. The property is situated in Wake County, North Carolina, with a zip code of 27604.

Highlights

  • 0.35-acre lot with North Person Street frontage in the Mordecai neighborhood.
  • Nx-3 zoning allows diverse retail and commercial uses.
  • Strong retail and restaurant presence in the immediate vicinity.
  • Currently used as Krispy Kreme employee and vehicle parking.
  • Recently paved and striped parking lot.
  • Subject to a land lease with Krispy Kreme.

Property Details for 565 Person St

Property type
Land
Lot Size (sq. ft)
15,246 SF

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.788463
Longitude
-78.634838

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FAQs

What type of property is this?
Land - .35-acre lot, Nx-3 zoning, prime location.
Where is the land located?
The property is located at 565 Person St Raleigh, NC.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 0.35-acre lot with North Person Street frontage in the Mordecai neighborhood.; Nx-3 zoning allows diverse retail and commercial uses.; Strong retail and restaurant presence in the immediate vicinity.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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(919) 782-1921

Contacts

Rhody Dillon
Rhody Dillon
Visit Broker Website

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Person St
Raleigh, NC 27604

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Person St
Raleigh, NC 27604

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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565 Person St
  • Rhody Dillon
    Rhody Dillon
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