Emma Arreguin - Coldwell Banker Advantage Logo
New Listing
$645,000
 $3,662 est/mo Sourced by Back At You

2802 Milburnie Road,Raleigh, NC 27610

Raleigh, NC 27610

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Description

Exceptional development opportunity in Raleigh's rapidly evolving New Bern Avenue corridor! This 1.63-acre property is zoned OX-5-TOD, offering flexible development possibilities, including multifamily residential, with a five-story height designation. A recorded cross-access easement provides connectivity toward New Bern Avenue and is also well-positioned near the planned Bus Rapid Transit (BRT) improvements. Ideally located near WakeMed Raleigh, I-440, Downtown Raleigh, and the Crabtree Creek Trail. Comprehensive due diligence reports, conceptual plans, and supporting documentation are available upon request. Development subject to applicable approvals.

Details

MLS #10201232
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site2
Listing Provided ByEXP Realty LLC | Beth Martin

Features

ZoningOX-5
Acreage1.63

Utilities

UtilitiesElectricity Available, Sewer Available, Water Available
SewerPublic Sewer

Taxes

Tax Assessed Value426018
Tax Legal DescriptionLo1 Wakeview Square & Healthysite Rcmb Bm2025-01643
Tax Year2026
Tax Map Number1

Area Information

StateNC
CountyWake
CityRaleigh
Zip Code27610
AreaWake
Community NameNot in a Subdivision
School DistrictWake County Schools
Elementary SchoolWake County Schools
High SchoolWake County Schools
Listing VS Median (in Not in a Subdivision)
Price:
$645,000
low | high
Med:
$310,000
100% of Average
On site:
2
low | high
Med:
79
2.53164556962% of Average
Sourced by Back At You

Market Activity 27610

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Contact

Learn More About This Property

Emma Arreguin

Emma Arreguin

Coldwell Banker Advantage

 (910) 483-5353arreguinproperties@gmail.com
StateNC
CountyWake
CityRaleigh
Zip Code27610
AreaWake
Community NameNot in a Subdivision
School DistrictWake County Schools
Elementary SchoolWake County Schools
High SchoolWake County Schools
Listing VS Median (in Not in a Subdivision)
Price:
$645,000
low | high
Med:
$310,000
100% of Average
On site:
2
low | high
Med:
79
2.53164556962% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $483K - $806K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
2605 Albemarle Avenue Property Photo 1
$539,900
2605 Albemarle Avenue
Raleigh, NC 27610
2759 Milburnie Road A & B Property Photo 1
$549,900
2759 Milburnie Road A & B
Raleigh, NC 27610
Listing Updated: November 2, 2026 at 7:23:58 AM PST