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2040 Milburnie Road, Raleigh, NC 27610

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Listing Type
Lots/Land
Listing Status
active
8
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Transportation
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$1,150,000

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Home Details for 2040 Milburnie Road
Price
$1,150,000
Type
Lots/Land
Lot Size
0.7
County
Wake
Tax
$3,131.94
MLS®️ Listing#
10105366
On exitrealty.com
153 days
Property Description
LOCATION, LOCATION, LOCATION; Great corner lot convenient to downtown Raleigh at the intersection of North Raleigh Blvd and Milburnie Road; Outstanding Investment Opportunity; Property Zoned R6 at .7 Acres with the option to pursue multiple build scenarios via subdividing the lot and building single-family, townhomes or duplexes which has to be approved by the Raleigh Planning Department; Raleigh Planning indicates they are receptive to more dense building and possible rezoning based on the new owner interest, again subject to the Raleigh Planning Department Approval: Owner plans to have existing home moved from the lot prior to closing however may be willing to include the home in the sale as-is to the buyer if not able to get it moved in sufficient time. There is a vacant attached lot to our listing on Colleton. If you are able to convince that owner to sell along with buying our property would provide sizeable area on that corner to make a development impact. All Offers presented to Seller!
Property Features
School Information

School Information for 2040 Milburnie Road

Elementary School
Wake - Underwood
Middle School
Wake - Martin
High School
Wake - Enloe
Listing Courtesy: The Equity Group - 919-225-4889
mls_icon Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Information Not Guaranteed. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last Updated: 2025-10-03 22:20:20
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EXIT REALTY TRIANGLE
8601 Six Forks Road, Suite 400, Raleigh, NC 27615
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$1,150,000

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EXIT REALTY TRIANGLE
8601 Six Forks Road, Suite 400, Raleigh, NC 27615
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