2040 Milburnie Road, Raleigh, NC

$1,150,000

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0.70

Acres

About 2040 Milburnie Road

Note: All Offers Considered! Also there is an adjacent lot to us approx 1/4 acre on Colleton. Builder Investor looking to sell a Homeplan and build for buyer. If property still available maybe an inquiry about selling that land with ours giving a BuyerInvestor nearly an acre of land on this corner of Milburnie/North Raleigh Blvd expanding potential build options! LOCATION, LOCATION, LOCATION; Great corner lot convenient to downtown Raleigh at the intersection of North Raleigh Blvd and Milburnie Road; Outstanding Investment Opportunity; Property Zoned R6 at .7 Acres with the option to pursue multiple build scenarios via subdividing the lot and building single-family, townhomes or duplexes which has to be approved by the Raleigh Planning Department; Raleigh Planning indicates they are receptive to more dense building and possible rezoning based on the new owner interest, again subject to the Raleigh Planning Department Approval: Owner plans to have existing home moved from the lot prior to closing however may be willing to include the home in the sale as-is to the buyer if not able to get it moved in sufficient time. There is a vacant attached lot to our listing on Colleton. If you are able to convince that owner to sell along with buying our property would provide sizeable area on that corner to make a development impact. All Offers presented to Seller!

Features of 2040 Milburnie Road

MLS® # 10105366
Price $1,150,000
Acres 0.70
Type Land
Sub-Type Unimproved Land
Status Active

Community Information

Address 2040 Milburnie Road
Subdivision Longview Park
City Raleigh
County Wake
State NC
Zip Code 27610-2253

Amenities

Utilities Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

School Information

Elementary Wake - Underwood
Middle Wake - Martin
High Wake - Enloe

Additional Information

Date Listed June 24th, 2025
Zoning R6
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeThe Equity Group

Listing Map

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