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This is a prime investment opportunity. 6 acres commercial land in fast-growing northwest Raleigh area, next to Umstead State Park entrance, in the heart of Raleigh/Durham/Chapel Hill triangle metropolitan area. Fronting two roads: 414 feet road front on Hwy 70/Glenwood Ave with 50,000 vehicles per day, and 414 feet road front on Brownleigh Dr. Commercial land on the busy Glenwood Ave are selling around $500,000 per acre. Price reduced from $2,250,000 to $1,950,000 for quick sale.
| DAYS ON MARKET | 234 | LAST UPDATED | 7/8/2021 |
|---|---|---|---|
| TRACT | Umstead | YEAR BUILT | 0 |
| COUNTY | Wake | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Wake - Pleasant Grove |
|---|---|
| Jr. High School | Wake - Oberlin |
| High School | Wake - Broughton |
| PRICE HISTORY | |
| Prior to Apr 7, '21 | $2,250,000 |
|---|---|
| Apr 7, '21 - Jul 8, '21 | $1,950,000 |
| Jul 8, '21 - Today | $2,250,000 |
| ADDITIONAL DETAILS | |
| EXTERIOR | Public Maintenance, Road Description: Public Maintenance, Street Paved, US Highway |
|---|---|
| LOT | 6 acre(s) |
| LOT DESCRIPTION | Wooded Lot |
| SUBDIVISION | Umstead |
| UTILITIES | Cable Available,Electricity Available,Gas Available,Telephone Available |
| WATER | City On Site |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property
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Data last updated: 10/24/21 9:33 PM PDT.
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