One of the LAST large parcels in downtown RALEIGH! Don't miss your chance to own almost 6 acres of property inside the I-40 belt line. Build your own private secluded home or develop into a multiple homesites.
Zoned R4 with ability to build Single Family Homes or 2 townhomes with a 65' width minimum under the conventional development option, see Raleigh UDO for minimum lot requirements. Raleigh UDO: https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance
The lot being sold is approximately 985ft x 252ft.
The property is minutes from Cary, Apex, Garner, Durham, Morrisville, NC State, Bus lines, shopping, restaurants, and entertainment. New SFH in the area selling for around $950k.
Homes are of no value and both parcels of 611 and 613 Powell will only be sold together.
Cameras onsite, please do not walk property without an appointment.
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Listing Snapshot
Price
$6,000,000
Days On Site
58 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
5.85 Acres
Year Built
N/A
MLS® Number
10074150
Status
Active
Property Tax
$11,273
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
a week ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
5.85
Additional Property Use
InvestmentResidentialUnimprovedVacant
Parking
Paved
Property Sub Type
Unimproved Land
Sewer
Public Sewer
Utilities
Sewer AvailableWater Available
Water Source
Public
Zoning
R4
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Exterior Features
Lot Features
City LotGentle SlopingNear Public TransitSplit PossibleSee Remarks
Community Features
Financing Terms Available
CashConventional
Roads
Paved
School District
Wake County Schools
Schools
School District
Wake County Schools
Elementary School
Wake County Schools
Middle School
Wake County Schools
High School
Wake County Schools
Listing courtesy of Kathryn Michelle MacKinnon of Better Homes & Gardens Real Es
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.
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