Listed by Foundry Commercial Raleigh
Unpriced
3100 Ruritania Street
Details
APN 1727233552
Property Type Multifamily, Land
Sub Type Multifamily
Acreage 2.510
Zoning CX-3-CU
Multifamily
Marketing description
Foundry Commercial, a North Carolina Broker, Has Been Retained as The Exclusive Agent for The Owner of 3100 Ruritanis (the "property"), a 12.51-Acre Multifamily or Residential Development Opportunity Just South of 1-540 and Three Minutes from The 1-540 (86,000 Vpd)/capital Boulevard (64,500 Vpd) Interchange. Zoned Cx-3-Cu and Within the Shod-2 Overlay, the Property Allows By-Night Multifamily, Townhome, and A Wide Variety of Other Residential and Commercial Uses. the Property Is Located Within the 2026 Qualified Census Tract (qct) and Has Been Conceptually Planned for 131 Residential Units. 3100 Ruritania Provides a Unique North Raleigh Opportunity to Capitalize on The Qct Location and In-Place Zoning Alongside O Strong Location and Convenient Access to Capital Boulevard and 1-540
Located Three Minutes from The 1-540/capital Boulevard Interchange, 3100 Ruritania Offers Easy Access to Triangle Town Center (3 Minutes), Wake Tech Northern Campus (11 Minutes), North Hills (13 Minutes), and Downtown Raleigh. in Addition to These Urban Amenities, the Area Immediately Surrounding the Site Is Rich with Greenspace and Porks Including Millbrook Exchange Park (7 Minutes), the 237-Ace Durant Nahire Preserve (9 Minutes), the Wral Soccer Park (9 Minutes), the 27+ Mile Nause River Greenway Trail (12 Minutes), and Horseshoe Park (13 Minutes).
3100 Ruritania Is Supported by A Strong Rent Comparable Set, with Average Rents of $1,723 ($1.79 Psf) Across Nearby Comparable Properties. Notably, Town Triangle Crossing, Which Delivered in 2024, Is Currently Averaging $1,903 Average Chunk Rants ($1.Bb Psf). the Abundance of Nearby Parks, Seamless Access to Capital Boulevard and 1-540, and Strong Surrounding Amenities Create a Compelling Lifestyle for Rents. Combined with In-Place Zoning and An Excellent Location, 3100 Ruritania Presents a Unique Opportunity to Capitalize on A Rapidly Growing Submarket.
Investment highlights
- Strong In-Place Zoning Supporting By-Right Multifamily and Townhome Development
- Located Within the 2026 Qualified Census Tract (qct)
- Conceptually Planned for 31 Multifamily Units with Surface Parking
- Located Three Minutes from The 1-540/capital Boulevard Interchange
- Robust Nearby Multifamily Rent Comparables Averaging $1,723 per Unit ($1.79 Psf)
- Ease of Access to Employment and Amenities in North Hills (13 Minutes) and Downtown Raleigh (18 Minutes)
Listing Contacts
Listed by Foundry Commercial Raleigh
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Zoning
R-10 ResidentialMulti FamilyResidential 10
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View all 90 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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