Prime 8,000+ Sq Ft R6 Lot in Caraleigh Neighborhood – Perfect for Redevelopment!

We have an assignable contract available to purchase.

Go to foursquaredeals.net to see our other deals/inventory.  You can also view our sold deals for reference.

Check out this 8,000+ sq ft lot in the highly sought-after Caraleigh Neighborhood of Raleigh! Conveniently located near Hwy 401 and I-40, offering easy access to the heart of the city and beyond. Zoned R-6, this property presents a fantastic opportunity for redevelopment. The existing home on the lot will need to be removed, allowing you to build your dream property in a prime location. Don’t miss out on this incredible investment!

ASKING PRICE: 300,000

Perfect For: New Construction

New Build Comps:

622 Velma Hopkins Ln Raleigh NC 27603 - Sold 975K - 3/28/25

3121 Lee St Raleigh NC 27601 - Sold 740K - 8/13/24

819 S Person St Raleigh NC 27610 - Sold 750K - 8/9/24

601 Velma Hopkins Ln Raleigh NC 27603 - Sold 619K - 6/28/24

Buy with Equity:

Cash Comps:

922 S Bloodworth St Raleigh NC 27601 - Sold 275K - 1/21/25

113 Prospect Ave Raleigh NC 27603 - Sold 300K - 6/25/24

914 S State St Raleigh NC 27601 - Sold 380K - 6/7/24

Property Overview:

Lot size 8,712 sq. ft.

Zoning: R-6

Utilities: City water and sewer

Structure: Needs to be removed from the property

Additional Insights:

History: Vacant

Attention Required:  Structure is a teardown

Occupancy: Vacant - house is unsafe - do not enter the structure

PLEASE CALL CHARLES FOR MORE INFO AND TO SCHEDULE SHOWINGS

(360) 207-4148

TENTATIVE CLOSE DATE ON OR BEFORE JUNE 12, 2025

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. You are receiving this email because you opted in via our buyers list. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.