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34450751
34450743

220 Sunnybrook Road, Raleigh, NC 27610-2805 For Sale

AD
NC 359668
SP
NC, NC 187810
Avison Young - Raleigh Durham
DZ
NC 319260
Avison Young - Raleigh Durham
Listed by Avison Young - Raleigh Durham
Unpriced
1 day on market
Updated 1 day ago

220 Sunnybrook Road

Details
APN 1723394137
Property Type Land
Sub Type Commercial
Acreage 2.070
Zoning OX-3-PL

East Raleigh Infill Opportunity Near WakeMed

Marketing description

220 Sunnybrook Road presents a well-located infill multifamily development opportunity within one of the Southeast's most resilient growth markets. The site's immediate proximity to WakeMed positions it uniquely to capture demand from healthcare professionals and service-oriented employment, providing a consistent and durable tenant base.

While the market has recently worked through a wave of new supply, fundamentals remain sound, with occupancy holding in the low-90% range. As development activity slows, the market is expected to rebalance, supporting improved rent growth and absorption over the near-to-mid term. Coupled with the City of Raleigh's continued support for increased residential density, the subject property offers a compelling opportunity to deliver well-positioned multifamily product into a market entering its next phase of growth.

Investment highlights

  • Well-located infill multifamily development opportunity within one of the Southeast's most resilient growth markets
  • Immediate proximity to WakeMed positions it uniquely to capture demand from healthcare professionals and service-oriented employment
  • Positioned along New Bern Avenue with immediate access to I-440 and downtown Raleigh
  • Sunnybrook Road corridor has attracted renewed redevelopment interest, including mixed-use, multifamily, and transit-oriented projects

Listing Contacts

AD
NC 359668
SP
NC, NC 187810
Avison Young - Raleigh Durham
DZ
NC 319260
Avison Young - Raleigh Durham
Listed by Avison Young - Raleigh Durham

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Additional Information

Name
Angelo Donato
License
359668
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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