Silvestri Properties
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listing
1 of 9
LandFor Sale
$3,338,900
517 Buck Jones Road
Raleigh, NC 27606
Courtesy of Keller Williams Preferred Realty
MLS: Doorify MLS
5Sq Ft
Est. Mortgage
$17,335/mo

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***

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