$1,050,000

Estimated payment $5,870/month

Total Views 264
1.64 Acres
$640,244 Price per Acre
71,438 Sq Ft Lot

Highlights

  • 1.64 Acre Lot
  • Partially Wooded Lot
  • 3-minute walk to Culpepper Circle Park
  • Douglas Elementary Rated A-
  • No HOA

About This Lot

Excellent development opportunity in prime Raleigh location! Zoned OX-5 (Mixed Use) with an unapproved preliminary site plan for apartment building or up to 10 townhomes. Recently recombined to 1.634 acres. ROW agreement in place for access from New Bern Ave; Milburnie Rd frontage. The New Bern Ave BRT (Bus Rapid Transit) corridor is slated to begin construction Fall 2025. Minutes to WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail. Now is the time to invest in this emerging, transit-oriented health and education district! Maps and proposed site plans available for review.

Listing Agent

Beth Martin

Sizemore Realty Group, LLC License #231113 Listed on: 10/02/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,373

Lot Details

  • 1.64 Acre Lot
  • Partially Wooded Lot
  • Property is zoned OX-5

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1724112444

Property Details

Property Type

Land

Est. Annual Taxes

$3,373

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: Plat Available
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Senior Community YN: No
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • Vegetation Partially Wooded: Yes
  • General Property Information Lot Size Square Feet2: 71438.4
  • General Property Information Lot Size Acres: 1.64
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Mixed Use, Residential

Exterior Features

  • Acres: 1.64
  • Lot Features:Wooded: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Zoning: OX-5
  • Current Use: Vacant
  • Lot Dimensions: Plat Available
  • Lot Size Sq Ft: 71438.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 1724112444

Tax Info

  • Tax Annual Amount: 3373.41
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake County Schools

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $386,814 $386,814 --
2024 $3,359 $386,814 $386,814 $0
2023 $2,783 $255,297 $255,297 $0
2022 $2,585 $255,297 $255,297 $0
2021 $2,484 $255,297 $255,297 $0
2020 $2,439 $255,297 $255,297 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2025 10/02/25 For Sale $1,050,000 -- --
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Source: Public Records

Source: Doorify MLS

MLS Number: 10125425

Doorify MLS

APN: 1724.17-11-2424-000