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Audrey Ray · Northside Realty Inc.

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Buy landat 611 Powell Drive, Raleigh, NC 27606

$5,750,000

$0/mo

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Land

6.04 Acres lot

410 Days on market

2534503 MLS ID

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About 611 Powell Drive land

PRIME Residential Development Opportunity! 6.04 acres currently zoned R-4 and located within a Transit Overlay District providing flexibility on minimum lot sizes. Minutes away from I440, I40 and US1 with easy access to RDU Airport, area colleges, NC State Fair Grounds and PNC Arena. Powell Dr. offers public water, sewer, Go Raleigh 11L Bus route, BikeRaleigh route, sidewalks and a short walk to Powell Park. New construction on Powell Dr. is ranging between $600 - $700K on lots .12 acres and less. Convenient to RTP, Cary, Morrisville, Apex, and Garner.
PRIME Residential Development Opportunity! 6.04 acres currently zoned R-4 and located within a Transit Overlay District providing flexibility on minimum lot sizes. Minutes away from I440, I40 and US1 with easy access to RDU Airport, area colleges, NC State Fair Grounds and PNC Arena. Powell Dr. offers public water, sewer, Go Raleigh 11L Bus route, BikeRaleigh route, sidewalks and a short walk to Powell Park. New construction on Powell Dr. is ranging between $600 - $700K on lots .12 acres and less. Convenient to RTP, Cary, Morrisville, Apex, and Garner.

Property details

Current use

Unimproved

Vacant

Lot features

Cleared

Sloped

Parking features

Paved

Possession

Close Of Escrow

Road frontage type

State Road

Road responsibility

Public Maintained Road

Road surface type

Paved

Sewer

Public Sewer

Septic Tank

Special listing conditions

Probate Listing

Utilities

Electricity Available

Vegetation

Cleared

Wooded

Monthly cost

Estimated monthly cost

$37,025/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Schools

This home is within the Wake County Schools.

Cary & Raleigh & Apex enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$5,405,000

+$172,500

$5,577,500

Seller agent commission$172,500 (3%)*

$0 (0%)

Buyer agent commission$172,500 (3%)*

$172,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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Counties

Cities

Unreal Estate checked: Sep 10, 2024 at 1:34 p.m.

Data updated: Aug 23, 2024 at 1:03 p.m.

Courtesy of Northside Realty Inc., Audrey Ray.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange™ Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than the brokerage firms other than the one represented by this site are marked with the Internet Data Exchange™ logo or the Internet Data Exchange™ thumbnail logo and detailed information about them includes the name of the listing firms. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information deemed reliable but not guaranteed.
Listing Information © 2024 Triangle MLS, Inc. All Rights Reserved.

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