True
Space Available For Lease 1
Land Available |
±1.05-acre Cash-Flowing Redevelopment Opportunity in the Core of Downtown Raleigh Covered Land Play with In-Place 12-Story Zoning and High-Rise Development Upside • Upside with leasing the warehouse and ± $52,000 in gross revenue from surface parking in 2025 • Rapid-access surface parking with proximity to Red Hat Amphitheater and Raleigh Convention Center • Vibrant downtown location with a WalkScore of 91 • In-place DX-12 zoning allowing for higher density development up to 12 stories • Include ±25,000 SF industrial building
Sarah Godwin
Foundry Commercial
Karl Hudson IV
Foundry Commercial
Patrick Stevens
Foundry Commercial |
Contacts
Foundry Commercial
Foundry Commercial
Foundry Commercial
Property Details
- Property Type VacantLand
- Property Size 1.05 SF
- Lot Size 1.05 Acre
- Date Updated May 19, 2026
±1.05-acre Cash-Flowing Redevelopment Opportunity in the Core of Downtown Raleigh
Covered Land Play with In-Place 12-Story Zoning and High-Rise Development Upside
• Upside with leasing the warehouse and ± $52,000 in gross revenue from surface parking in 2025
• Rapid-access surface parking with proximity to Red Hat Amphitheater and Raleigh Convention Center
• Vibrant downtown location with a WalkScore of 91
• In-place DX-12 zoning allowing for higher density development up to 12 stories
• Include ±25,000 SF industrial building
Reach out to the broker for more info on lease terms and amenities
Getting around
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91/100
Walk Score ®
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73/100
Transit Score ®
-
73/100
Bike Score ®
Location
- City Raleigh, NC
- Neighborhood Downtown Raleigh
- Zip Code 27601
- Market Raleigh Durham
Points of Interest
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Raleigh
0.29 miles
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Nash Square Charging Station
0.29 miles
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PowerCharge
1.01 miles
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Exxon
1.05 miles
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Pullen Mart
1.10 miles
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Speedway
1.27 miles
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Sam's Club
1.65 miles
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Circle K
1.71 miles
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Garner Road Stop-N-Go
1.72 miles
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Mobil
1.75 miles
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Resco
1.86 miles
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Cabarrus Deck
0.19 miles
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Convention Center Underground Deck
0.24 miles
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Charter Square Parking Deck
0.29 miles
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City Center Parking Deck
0.36 miles
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Raleigh Municipal Building Deck
0.37 miles
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Red Hat Tower Public Parking
0.38 miles
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ShareFile Parking Deck
0.39 miles
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Blount Street Parking Deck
0.41 miles
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Moore Square Parking Deck
0.44 miles
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Alexander Square Parking Deck
0.45 miles
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Tempo by Hilton Raleigh Downtown
0.15 miles
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Homewood Suites by Hilton Raleigh Downtown
0.16 miles
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Residence Inn Raleigh Downtown
0.22 miles
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Raleigh Marriott City Center
0.24 miles
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Sheraton Raleigh Hotel
0.25 miles
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Raleigh Guest Suites
0.26 miles
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Friendship Inn Capitol
0.41 miles
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The Casso, Raleigh, A Tribute Portfolio Hotel
0.44 miles
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Holiday Inn Raleigh Downtown
0.47 miles
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AC Hotel by Marriott Raleigh Downtown
0.55 miles
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Weaver Street Market
0.32 miles
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Publix
0.98 miles
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The Fresh Market
1.34 miles
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Harris Teeter
1.55 miles
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Target
1.67 miles
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Larry's Supermarket
2.02 miles
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Food Lion
2.12 miles
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A&C Supermarket
2.62 miles
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International Food
2.81 miles
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The Royal
2.84 miles