1501 Carolina Pines Avenue, Raleigh, NC

$5,500,000

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8.44

Acres

About 1501 Carolina Pines Avenue

A rare development opportunity in one of Raleigh's fastest-growing corridors. This offering includes five contiguous parcels at 1501, 1511, and 1515 Carolina Pines Avenue, along with 2109 and 2117 Lake Wheeler Road, totaling a substantial assemblage of 8+ acres in a highly desirable location. Situated just minutes from Downtown Raleigh, NC State University, I-40, and the burgeoning mixed-use growth along Lake Wheeler Road, this property provides unmatched visibility and accessibility for future development. Opportunities of this scale are increasingly rare within the city limits, making this assemblage a prime candidate for residential, mixed-use, or commercial development (subject to zoning and city approval). Developers and investors will appreciate both the strong demographic growth in the area and the site's proximity to employment, education, and entertainment hubs. Whether you're looking to create a signature community, a multi-family project, or a high-profile commercial destination, this assemblage represents a once-in-a-generation chance to secure a large development footprint in a premier Raleigh location.

Features of 1501 Carolina Pines Avenue

MLS® # 10120542
Price $5,500,000
Acres 8.44
Type Commercial Sale
Sub-Type Unimproved Land
Status Active

Community Information

Address 1501 Carolina Pines Avenue
City Raleigh
County Wake
State NC
Zip Code 27603

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Construction Unknown

Additional Information

Date Listed September 8th, 2025
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHomeSmart Expert Realty

Listing Map

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