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    Triad MLS

    ​Listings identified with the TRIADMLS IDX logo come from TRIADMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 

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    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

    $515,000
    For Sale

    5416 Chapel Hill Road

    Raleigh, NC 27607
    2970 sqft | 4 beds | 1.5 baths | 0.49 acres | #10141729
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    5416 Chapel Hill Road
    6 photos
    Type:Purchase
    Structure:House
    Zone:Residential

    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.

    • Property Details
        • Basement DescriptionExterior Entry, Unfinished
        • Property SubtypeSingle Family Residence
        • SubdivisionNot in a Subdivision
        • Elementary SchoolWake County Schools
        • Middle SchoolWake County Schools
        • High SchoolWake County Schools
        • CoolingWindow Unit(s)
        • Sewer InformationPublic Sewer
        • HeatingNatural Gas
        • Property TypePurchase
        • StyleColonial
        • MLS #10141729
        • MLS #10141729
        • RoofShingle
        • Utility SourcePublic
        • Taxes Annual$3,150
        • Cost515000
        • Acres0.49
        • Square Feet2970
        • Year Built1930
        • CountyWake
        • ZoningNX-3
        • Bathrooms1.5
        • Fireplaces1
        • Bedrooms4
        • Full Baths1
        • Half Baths1
        • Stories2
        • Basement1
        • Basement Finished1

    Location

    Legal

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

    Last Updated: 10/27/2025 5:30 PM. Source: TRIANGLEMLS

    Provided By
    Listing Agent: Marika La Sorsa (#85698)
    Listing Office: Coldwell Banker HPW (#3198)

    Tarra Jenkins Medley | EDGE RealtyReal Estate Group
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