517 Buck Jones Road
Raleigh, NC 27606
- – beds
- – baths
- – sqft
- ~5 acre lot
- – on site
Prime Development Opportunity in the Heart of Raleigh! Unmatched potential awaits at 517 Buck Jones Road, featuring an already approved Administrative Site Review (ASR) for a 64-unit multifamily development. Alternatively, the property allows for a transition to a 54-unit townhome community with a minor modification to the existing plan—an option that aligns with the growing demand for flexible housing solutions. Situated in a highly sought-after location, this property offers exceptional accessibility—just 5 minutes to I-440, I-40, Fenton, NC State University, Downtown Cary, and the State Fairgrounds. Its prime position at the nexus of Raleigh's growth makes it an unparalleled investment opportunity in one of the fastest-growing markets in the Triangle. Whether you envision building modern multifamily units or a vibrant townhome community, this site provides the canvas for your development goals. The existing ASR approval and its strategic location reduce development hurdles, giving you a head start on a high-impact project. Seize this rare opportunity to bring your vision to life and shape Raleigh's booming real estate landscape. ***Please submit all Highest and Best Offer by 12/20/24 by 5PM***
Listing courtesy of DMLS / Keller Williams Preferred Realty
Last checked:
Checking…
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Last updated Dec 17, 2024
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MLS# 10067280 —
The Building
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Building Area Units:Square Feet
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:From Crossroads area, turn right onto Buck Jones. Pass 1st roundabout and continue straight. Property is on the right opposite all Saints Orthodox Church. Driveway is immediately past the black mailbox. Note it is an awkward feeling turn.
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Latitude:35.775571
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Longitude:-78.731601
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Coordinates:-78.731601, 35.775571
The Property
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Property Subtype:Unimproved Land
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Property Type:Land
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Lot Size Acres:4.84
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Lot Size Area:4.84
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Lot Size Dimensions:see survey
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Lot Size SqFt:210830.4
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Lot Size Units:Acres
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Zoning:R4- FTD
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View:true
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View:Neighborhood
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Current Use:Single Family
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Possible Use:Development
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Other Structures:Residence
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Road Frontage Type:State Road
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (919) 987-5068
- Office phone:
- (919) 471-8000
Taxes
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Tax Annual Amount:10924.71
The Listing
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Special Listing Conditions:Seller Licensed Real Estate Professional
Utilities
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Utilities:Cable Available
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Sewer:Other
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Water Source:Public
Schools
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Elementary School:Wake - Adams
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Middle Or Junior School:Wake - Lufkin Road
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High School:Wake - Athens Dr
The Community
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Subdivision Name:Roylene Acres
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Pool Private:false
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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12/13/24
Dec 13, 2024
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Listed / Active | DMLS | $3,338,900 | 860.8% (262.3% / YR) |
9/2/21
Sep 2, 2021
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DMLS | $347,500 |