1250 New Bern Avenue
Description
Location: Strategically positioned on a high-traffic...Seize this rare chance to own not one but two adjacent parcels of prime real estate being sold together. 1246 and 1250 New Bern Avenue represent a compelling opportunity to capitalize on Raleigh's growth trajectory and urban development trends. With its strategic location, strong market fundamentals, and zoning potential, this property is ideal for investors or developers seeking to create a high-yield, future-forward project. Property Highlights:
Location: Strategically positioned on a high-traffic corridor, with excellent visibility and easy access to public transit, downtown amenities, and major highways. RX-3 Zoning: Ideal for combining retail, office and residential space (confirm zoning with city guidelines). Lot Size: Combined, the two lots span .29 acres with a 3 story building height capacity, offering ample space for creative development. Neighborhood Growth: Situated in an area poised for transformation, this property is surrounded by recent and upcoming developments, making it an excellent investment opportunity in an emerging market. Why This Property? Whether you're looking to create modern multifamily housing, retail spaces, or a mixed-use community hub, this location offers a blank canvas for your vision. Its proximity to Raleigh's thriving downtown, universities, hospitals, and employment hubs makes it highly desirable for future residents or tenants. Conceptual sketches available upon request. Key Benefits:
Rising Property Values: Take advantage of the upward trend in property values in this area. High Visibility: Benefit from daily exposure to thousands of potential clients, residents, or customers passing along New Bern Avenue. Proximity to Amenities: Close to shopping, dining, healthcare, and cultural hotspots. Don't miss out on this incredible opportunity to invest in one of Raleigh's most promising neighborhoods!
- Listed by Dawn Danielle Shephard • Offerpad Brokerage LLC
Property Details for 1250 New Bern Avenue
Property Details for 1250 New Bern Avenue
| Status | Active |
|---|---|
| MLS # | 10067846 |
| Days on Market | 9 |
| Taxes | $2,729 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Single Family Residence |
| Year Built | 1940 |
| Lot Size | - |
| County | Wake County |
Building Information for 1250 New Bern Avenue
Property Information for 1250 New Bern Avenue
- Zoning: RX-3
- Directions: From Downtown Raleigh Take New Bern Avenue East Property will be on the right side
- Subdivision Name: Battery Heights
- Latitude: 35.779435
- Longitude: -78.619367
- Road Frontage Type: City Street
- Tax Annual Amount: $2,729.33
- City Limits Of: Raleigh
- City Limits YN: Yes
- Lot Number: 1250
- Restrictive Covenants YN: No
- Original MLS: Triangle MLS Inc
- Property Leased YN: No
- Open Parking: Yes
- Parking Features: Concrete
- Attached Garage: No
- Building Area Total: 924.0
- Architectural Style: Bungalow
- Total Other Area Sq Ft: 0
- Parcel Number: 1713289802
- New Construction: No
- Photos Count: 1
- Below Grade Finished Area: 0.0
- Below Grade Finished Area Units: Square Feet
- Sewer: Public Sewer
- Water Source: Public
- Water_Sewer: Public, Public Sewer
- Construction Materials: Vinyl Siding
- Foundation Details: Raised
- Pool Private: No
- Roof: Shingle
- New Construction Type: Vinyl Siding
- Levels: One
- Stories: 1
- Flooring: Combination
- Cooling: Electric, Heat Pump
- Cooling?: Yes
- Heating: Heat Pump
- Heating?: Yes
- Interior: Concrete, Vinyl Siding
- Equipment: Concrete
- Total Units: 1
- Property Class Name: CrossProperty
- Unit One: Baths Total: 1.0
- Unit One: Beds Total: 2.0
- Unit Two: Actual Rent: 0.0
- Unit Three: Actual Rent: 0.0
- Unit Four: Actual Rent: 0.0
Property History for 1250 New Bern Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1250 New Bern Avenue
Schools near 1250 New Bern Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 13 |
Rating | School | Distance |
|---|---|---|
Hunter Elementary School PublicPK to 5 | ||
Ligon Middle Public6 to 8 | ||
William G Enloe High Public9 to 12 | ||
Wake Young Men's Leadership Academy Public6 to 13 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Offerpad Brokerage LLC
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