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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24649523

12 ,14, 18 and 20 Tarboro Street, Raleigh, NC 27610

JM
264366
Red Realty and Investment, Inc
Listed by Red Realty and Investment, Inc
$3,450,000
331 days on market
Updated 44 days ago

Edenton Court

Details
Property Type Land
Sub Type Residential
Acreage 0.970
Zoning RX-4 with TDO

Prime Lot with 23 townhouses approved plan

Marketing description

Location, Location, Location! 4 prime lots (12,14,18,20 Tarboro St) on Raleigh East corridor. Half of the whole block. Totally 0.97 Acres in the heart of Downtown Raleigh. Minutes from Raleigh's vibrant urban core, easy access to dining, shopping, entertainment. Diagonally opposite the Edenton St is the Old DMV HQ. City of Raleigh is working on the plan. It will be a community hub. Raleigh Bus Rapid Transit (BRT) has Tarboro stop at the other corner of the Edenton street. Tarboro Community Center is cross the road of Tarboro St. Edenton Court Project site plan already has approved by City of Raleigh which contains 23 townhouses in 3 buildings with 48 parking lots. Each building 3 stories high with flat rooftop terrace. Plans details (site plan and draft building plan) can be provided to serious buyers. With the Zoning changed to RX-4, you have 1 more story to work on the building plan. Zoning is RX-4 with TOD. There is also an opportunity to build 6 stories if you want to do a bigger project. We also have 4 lots (0.46 acres) available cross the Boyer St. Maybe good for a parking building for your 6-story project. Don't miss out on the opportunity to create something special in one of Raleigh's most desirable areas!

Investment highlights

Price improved. Excellent location for 23 approved townhouses .

Listing Contacts

JM
264366
Red Realty and Investment, Inc
Listed by Red Realty and Investment, Inc

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