$12,000,000
 $64,419 est/mo Sourced by Back At You

3151 New Bern Avenue,Raleigh, NC 27610

Raleigh, NC 27610

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Description

This property has been rezoned by the City of Raleigh for CX-12-UG-CU (TOD). The zoning allows for a Residential Commercial mix development from 16 to 20 stories possible. Up to 928 units of condos, apartment and or hotel rooms. The City is underway for the first proposed BRT station at this location on New Bern Avenue. In addition to the 928 units, there is 70k square of office and 20k for commercial uses.

Details

MLS #2538929
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site1044
Listing Provided ByColdwell Banker HPW | J.W. Shearin

Features

ZoningCX12
Acreage4.89

Exterior

Lot FeaturesSloped

Utilities

UtilitiesElectricity Available
SewerPublic Sewer

Taxes

Tax Assessed Value1548058
Tax Legal DescriptionWake County PIN 1724128276, 1724129451 & 17244221587
Tax Year2025

Area Information

StateNC
CountyWake
CityRaleigh
Zip Code27610
AreaWake
Community NameNot in a Subdivision
School DistrictWake County Schools
Elementary SchoolWake County Schools
High SchoolWake County Schools
Listing VS Median (in Not in a Subdivision)
Price:
$12,000,000
low | high
Med:
$395,000
100% of Average
On site:
1044
low | high
Med:
20
100% of Average
Sourced by Back At You

Market Activity 27610

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27610
AreaWake
Community NameNot in a Subdivision
School DistrictWake County Schools
Elementary SchoolWake County Schools
High SchoolWake County Schools
Listing VS Median (in Not in a Subdivision)
Price:
$12,000,000
low | high
Med:
$395,000
100% of Average
On site:
1044
low | high
Med:
20
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $9M - $15M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
2802 Milburnie Road Property Photo 1
$975,000
2802 Milburnie Road
Raleigh, NC 27610
2744 Milburnie Road Property Photo 1
$399,000
2744 Milburnie Road
Raleigh, NC 27610
Listing Updated: July 22, 2026 at 7:35:59 PM PDT
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