Skip To Content

5416 Chapel Hill Road

Raleigh, NC 27607
  • $515,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: 10141729
UPDATED: 15 min ago
$515,000
  • 4
    BEDS
  • 0.49
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 2,970
    SQFT
  • $173
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1930
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Triangle MLS logoListing courtesy of Coldwell Banker HPW: .
© 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.

Description

🏗️ Prime Development Opportunity Near the Fairgrounds !Location, Location, Location! Seize this exceptional opportunity to acquire two adjacent parcels totaling 0.92 acres of highly valuable commercial land, strategically located with unbeatable proximity to the bustling Fairgrounds and the area's planned future development zones.This offering is ideal for developers, rehabbers, investors, and businesses looking to capitalize on a high-growth corridor.Key Investment Highlights: Total Acreage: 0.92 Acres 5416 Chapel Hill rd is .49 acres and 103 Gary St is.43acres Sold separately for $356K).Strategic Location: Direct adjacency and easy access to the Fairgrounds, making it perfect for supporting businesses, hospitality, or mixed-use development (subject to zoning approval).Development Ready: The value lies squarely in the land. Both existing structures are tear-downs, offering a clean slate for your vision. Demolition Quotes Available: We have secured preliminary demolition quotes for both houses to streamline your development timeline and provide immediate clarity on initial costs.

Monthly Payment Calculator



Triangle MLS logo©2026 Doorify MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2026-02-17T12:51:05.437.
www.homesandlandpro.com/homes/172184905
Print Image

5416 Chapel Hill Road Raleigh, NC 27607

  • Price: $515,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 15 min ago
  • ID#: 10141729
4
Beds
1
Baths
1
½ Baths
0.49
Acres
2,970
SQFT
$173
$/SQFT
1930
Built
Neighborhood:
Not In A Subdivision
County:
Wake
Area:
Raleigh
Elementary School:
Wake County Schools
Middle School:
Wake County Schools
High School:
Wake County Schools
Property Description
🏗️ Prime Development Opportunity Near the Fairgrounds !Location, Location, Location! Seize this exceptional opportunity to acquire two adjacent parcels totaling 0.92 acres of highly valuable commercial land, strategically located with unbeatable proximity to the bustling Fairgrounds and the area's planned future development zones.This offering is ideal for developers, rehabbers, investors, and businesses looking to capitalize on a high-growth corridor.Key Investment Highlights: Total Acreage: 0.92 Acres 5416 Chapel Hill rd is .49 acres and 103 Gary St is.43acres Sold separately for $356K).Strategic Location: Direct adjacency and easy access to the Fairgrounds, making it perfect for supporting businesses, hospitality, or mixed-use development (subject to zoning approval).Development Ready: The value lies squarely in the land. Both existing structures are tear-downs, offering a clean slate for your vision. Demolition Quotes Available: We have secured preliminary demolition quotes for both houses to streamline your development timeline and provide immediate clarity on initial costs.
Exterior Features

Architectural Style Colonial Carport Spaces 1 Carport YN Yes Construction Materials Brick Foundation Details Combination Garage YN No Levels Two Pool Private YN No Roof Shingle Spa YN No

Interior Features

Above Grade Finished Area 2970 Basement Exterior EntryUnfinished Below Grade Finished Area 0 Cooling Window Unit(s) Cooling YN Yes Fireplace YN Yes Fireplaces Total 1 Flooring HardwoodTile Heating Natural Gas Heating YN Yes Rooms Total 16

Property Features

Association YN No New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type HouseMixed UseSite Built Tax Annual Amount 3150.4 View YN Yes Water Source Public Zoning NX-3



Triangle MLS logo©2026 Doorify MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2026-02-17T12:51:05.437.
 
https://bt-photos.global.ssl.fastly.net/tmls/1280_boomver_1_10141729-2.jpg https://bt-photos.global.ssl.fastly.net/tmls/1280_boomver_1_10141729-2.jpg https://bt-photos.global.ssl.fastly.net/tmls/1280_boomver_1_10141729-2.jpg
Logo
Dodd Realty Group
525 S. White Street
Wake Forest NC, 27587
Triangle MLS logoListing courtesy of Coldwell Banker HPW: .
© 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.