525 Maywood Avenue
Raleigh, NC 27603
- – beds
- – baths
- – sqft
- 4,791 sqft lot
- – on site
Rare opportunity to purchase one or two multi-unit sites in one of the hottest development areas in Downtown Raleigh. 525 & 627 Maywood are available separately or as a package. Being nearly identical, there may be permitting and construction efficiencies if both lots are purchased together. Located on each corner of the charming Caraleigh Commons neighborhood in Downtown South, these lots are ready to build out and zoned for 4-6 condominiums. All site improvements and underground utilities are already installed for 4 unit townhouse style condos. Potential exists for up-zoning for up to 12 condos each with skyline views or down zoned to 2 SFH lots each. The development includes a greenspace, a greenway connection and easy access to Dix Park, Farmers Market, and the upcoming Downtown South Development. Broker owned.
Last checked:
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Last updated Nov 21, 2024
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MLS# 10037312 —
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:On the corner of Maywood and Ella Wiggins.
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Latitude:35.760784
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Longitude:-78.654737
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Coordinates:-78.654737, 35.760784
The Property
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Property Subtype:Unimproved Land
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Property Type:Land
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Lot Features:City Lot
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Lot Size Acres:0.11
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Lot Size Area:4791.6
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Lot Size Dimensions:71 x 63
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Lot Size SqFt:4791.6
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Lot Size Units:Square Feet
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View:true
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View:Downtown
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Current Use:Vacant
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Possible Use:Multi-Family
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Road Frontage Type:Alley
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Road Surface Type:Alley Paved
Listing Agent
- Contact info:
- Agent phone:
- (919) 271-1021
- Office phone:
- (919) 271-1021
Taxes
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Tax Annual Amount:2940
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:Public Sewer
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Water Source:Public
Schools
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Elementary School:Wake - Farmington Woods
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Middle Or Junior School:Wake - Martin
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High School:Wake - Broughton
The Community
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Subdivision Name:Caraleigh
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Community Features:Street Lights
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Pool Private:false
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Association Amenities:Jogging Path
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Association:true
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Association Fee Includes:Road Maintenance
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Association Fee Frequency:Annually
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 |
|---|---|---|---|---|
|
11/21/24
Nov 21, 2024
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Price Changed | DMLS | $350,000 | -26.3% |
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8/8/24
Aug 8, 2024
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Price Changed | DMLS | $475,000 | -11.2% |
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6/22/24
Jun 22, 2024
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Listed / Active | DMLS | $535,000 |
