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5101 Memory Lane

Raleigh, NC 27609
  • $550,000
  • STATUS: Active
  • ON SITE: 76 Days
  • MLS #: 2533738
UPDATED: 45 min ago
$550,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:
Area:

School Ratings & Info

Triangle MLS logoListing courtesy of Market-One Realty, Llc: .
© 2023 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.

Description

Zoned OX-3 (Office Mixed Used) Prime investment Property in Midtown--Property is vacant, it is a tear down where the underlying lot has multiple options for development including single family residential, multi-family, townhomes, apartments, Quadplex, duplex and a Office than can be 3 stories high. There are billions of dollars being invested in Midtown including tens of millions of dollars being invested in very close nearby properties. Also--Significant up-rezonings in the process in the nearby area. This property must be purchase with the adjacent property 5105 Memory Rd as a simuataneous closing/transaction--seeMLS-2532285 Properties Being Sold As Is. Property listed for it's land value--agent has not been inside properties therefore there may be discepancies to the details listed in MLS.

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Triangle MLS logo©2023 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2023-12-08T16:51:13.853.
www.exitrealtypreferrednc.com/homes/143652941
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5101 Memory Lane Raleigh, NC 27609

  • Price: $550,000
  • Status: Active
  • On Site: 76 Days
  • Updated: 45 min ago
  • MLS #: 2533738
0
Beds
0
Baths
0
½ Baths
0.41
Acres
County:
Wake
Area:
Raleigh
Property Description
Zoned OX-3 (Office Mixed Used) Prime investment Property in Midtown--Property is vacant, it is a tear down where the underlying lot has multiple options for development including single family residential, multi-family, townhomes, apartments, Quadplex, duplex and a Office than can be 3 stories high. There are billions of dollars being invested in Midtown including tens of millions of dollars being invested in very close nearby properties. Also--Significant up-rezonings in the process in the nearby area. This property must be purchase with the adjacent property 5105 Memory Rd as a simuataneous closing/transaction--seeMLS-2532285 Properties Being Sold As Is. Property listed for it's land value--agent has not been inside properties therefore there may be discepancies to the details listed in MLS.
Exterior Features

Road Surface Type Paved Topography Level

Interior Features

First Floor Bedrooms Yes Gas Natural Gas

Property Features

For Lease No Property Sub Type Commercial Unimproved Sale Rent For Sale Special Listing Conditions No Special Conditions Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedPhone ConnectedWater Connected Zoning Ox-3



Triangle MLS logo©2023 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2023-12-08T16:51:13.853.
 
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Triangle MLS logoListing courtesy of Market-One Realty, Llc: .
© 2023 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.