12 N Tarboro Street, Raleigh, NC

$4,950,000

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0.97

Acres

About 12 N Tarboro Street

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!

Features of 12 N Tarboro Street

MLS® # 10105143
Price $4,950,000
Acres 0.97
Type Land
Sub-Type Unimproved Land
Status Active

Community Information

Address 12 N Tarboro Street
Subdivision Edenton
City Raleigh
County Wake
State NC
Zip Code 27610

Amenities

Utilities Electricity Available, Natural Gas Available, Sewer Available, Water Available
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description City Lot, Corner Lot, Level

School Information

Elementary Wake - Powell
Middle Wake - Ligon
High Wake - Broughton

Additional Information

Date Listed June 23rd, 2025
Zoning RX-4 w/TOD
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRED Realty Group, Inc.

Listing Map

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