Foreclosure
Address
3929/3925 Arrow Drive, Raleigh, NC
Price
$ 2,000,000
Property Attributes
  • MLS#10017294
  • TypeCommercial
  • CountyWAKE
  • CityRaleigh
  • AreaWake
  • Zip27612
  • StyleUnimproved Land
  • Taxes$ 6566
  • Price$ 2,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.27 Acres
Data Source:
Triangle MLS (TMLS)
Property Description

LOCATION LOCATION LOCATION! This 1.27 Acre, 2 lot assemblage zoned OP-7 on prime and highly visible site is not to be missed. Site overlooks Crabtree Valley Mall and 440 Beltline. With zoning of OP-7 in place and the sites unique location which fronts on two separate streets with one being roughly two stories lower, it will be possible to develop a 9 story building. IDEAL USES: Hotel, Office or a mixed use concept that complies with OP-7 UDO requirements. Just minutes from RDU Airport, North Hills, Downtown Raleigh, Briar Creek, Crabtree Valley Mall & 440 Belltline Total of 2 Lots - NOT BEING SOLD INDIVIDUALLY

Price History
3/15/2024 Listed $2,000,000

General Features

Sewer Public Sewer
Zoning OP-7
Stories 7
Property SubType Unimproved Land
County Wake
New Construction No
Property Type Commercial Sale
HOA / Comm Assn No
Attached Garage No
Possible Use Commercial,Development,Investment,Mini-Storage,Mixed Use,Office,Recreational,Retail,Unimproved,Vacant,See Remarks
Garage Y/N No
Status Active
Directions TAKE GLENWOOD AVE TO ARROW DRIVE,UP THE HILL ON THE RIGHT. 3929 & 3925 ARROW DRIVE
ModificationTimestamp 2024-03-15T10:52:50.000Z
City Raleigh
Buyer Agent Compensation 2.50
View Y/N No
Senior Community Y/N No
Lot Size Square Feet 55321.2
Waterfront Y/N No
Carport Y/N No
Street Name Arrow
Property Attached Y/N No
Tax Annual Amount 6566.62
Lease Considered Y/N No
Virtual Tour https://tours.visualproperties.net/cp/a2f6bb9a/
Availability Date 2024-03-11
Days on Market 40
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Street Suffix Drive
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 1.27
Spa No
Lot Size Acres 1.27
Road Surface Type Asphalt
Lot Size Units Acres
Road Frontage Type Freeway,Highway,Interstate,2 Lane Road,Public Road,6 Lane Road
Open Parking Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 27612

Price
AVG $1M
$2M
Taxes
AVG $7,490
$6,566
Visits
AVG 281
65
Data Provided by Inside Real Estate®