For Sale
$998,500

3206 Old Buffaloe RdRaleigh, NC 27604

1.6-Acre Mixed-Use Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1.6-acre property at 3206 Old Buffaloe Rd, Raleigh, NC 27604, presents a rare commercial investment opportunity. Currently featuring a 1,028 square foot house leased month-to-month, the site is zoned for diverse development. The property's location off Capital Boulevard, within the area of influence of Raleigh's Capital North Corridor Plan and Comprehensive Plan amendments, promises significant future growth. These plans call for major investments along Capital Boulevard between I-440 and I-540, creating a positive impact on this prime location. The zoning allows for substantial development, including up to 81 residential units, 62,000 square feet of office space, and 26,000 square feet of retail space. The possibilities are extensive, making this an ideal site for builders, investors, and developers seeking a high-potential project. The seller is also open to leasing options. This is a truly unique chance to acquire a strategically located commercial property with immense upside potential in a rapidly developing area of Raleigh, Wake County. The property's versatility and prime location make it an exceptional investment opportunity.

Highlights

  • 1.6-acre commercial property at 3206 Old Buffaloe Rd, Raleigh, NC.
  • Currently features a 1,028 sq ft house, leased month-to-month.
  • Zoned for diverse development, including up to 81 residential units, 62,000 sq ft of office, and 26,000 sq ft of retail.
  • Prime location off Capital Boulevard, poised for growth due to planned infrastructure improvements.
  • Seller open to leasing options.

Property Details for 3206 Old Buffaloe Rd

Property type
Office properties, Mixed-use properties

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.8289004
Longitude
-78.5835394
3206 Old Buffaloe Rd, Raleigh, North Carolina

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3206 Old Buffaloe Rd
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