Raleigh, NC 27610,12 N Tarboro Street
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Listed by RED Realty Group, Inc.
$ 4,950,000
Est. payment /mo
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Active

12 N Tarboro Street Raleigh, NC 27610

0.97 Acres Lot


UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Edenton

MLS Listing ID 10105143

HOA Y/N No

Annual Tax Amount $8,209

Lot Size 0.970 Acres

Acres 0.97

Property Sub-Type Unimproved Land

Source Triangle MLS

Property 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!

Location

State NC

County Wake

Zoning RX-4 w/TOD

Direction From Downtown Raleigh take New Bern Ave to North. Turn left on Tarboro Street. Lots are on your right.

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N Yes

Street Surface Asphalt

Private Pool No

Building

Lot Description City Lot, Corner Lot, Level

Faces From Downtown Raleigh take New Bern Ave to North. Turn left on Tarboro Street. Lots are on your right.

Sewer Public Sewer

Water Public

Schools

Elementary Schools Wake - Powell

Middle Schools Wake - Ligon

High Schools Wake - Broughton

Others

Special Listing Condition Real Estate Owned, Standard


Doorify MLS / Triangle MLS
agent

Koho Realty

Firm License | License ID: C30723

+1(919) 322-8090

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12 N Tarboro Street