525 Maywood Avenue
$475,000
4,791 / 0.11
Description
Rare opportunity to purchase one or two multi-unit sites in one of the hottest development areas in Downtown Raleigh. 525 & 627 Maywood are available separately or as a package. Being nearly identical, there may be permitting and construction efficiencies if both lots are purchased together. Located on each corner of the charming Caraleigh Commons neighborhood in Downtown South, these lots are ready to build out and zoned for 4-6 condominiums. All site improvements and underground utilities are already...Rare opportunity to purchase one or two multi-unit sites in one of the hottest development areas in Downtown Raleigh. 525 & 627 Maywood are available separately or as a package. Being nearly identical, there may be permitting and construction efficiencies if both lots are purchased together. Located on each corner of the charming Caraleigh Commons neighborhood in Downtown South, these lots are ready to build out and zoned for 4-6 condominiums. All site improvements and underground utilities are already installed for 4 unit townhouse style condos. Potential exists for up-zoning for up to 12 condos each with skyline views or down zoned to 2 SFH lots each. The development includes a greenspace, a greenway connection and easy access to Dix Park, Farmers Market, and the upcoming Downtown South Development. Broker owned.
- Listed by Richard Johnson • Cityspace Management
Property Details for 525 Maywood Avenue
View
Downtown
ViewYes
SubdivisionCaraleigh
LISTING UPDATED: 08/08/2024 08:18 PM
Property Details for 525 Maywood Avenue
Status | Active |
---|---|
MLS # | 10037312 |
Days on Market | 146 |
Taxes | $2,940 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Unimproved Land |
Year Built | - |
Lot Size | 0.11 AC |
County | Wake County |
Building Information for 525 Maywood Avenue
Lot Size0.11 AC
Property Information for 525 Maywood Avenue
Property History for 525 Maywood Avenue
Date | Event & Source | Price | Appreciation |
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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.
Schools near 525 Maywood Avenue
This home is within Wake County School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 13 |
Rating | School | Distance |
---|---|---|
Farmington Woods Elementary PublicPK to 5 | ||
Martin Middle Public6 to 8 | ||
Needham Broughton High Public9 to 12 | ||
Vernon Malone College and Career Academy Public9 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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