3929/3925 Arrow Drive Raleigh, NC $ 2,000,000
3929/3925 Arrow Drive
$ 2,000,000
Foreclosure
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3929/3925 Arrow Drive

Raleigh, NC, 27612
$ 2,000,000
Baths0.0

Monthly Estimate*

$ 13,971

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View a Virtual Tour
Studio

Commercial Property for sale in Raleigh, NC

for $2,000,000. The lot size is 1.27.

LOCATION LOCATION LOCATION! This 1.27 Acre, 2 lot assemblage zoned OP-7 on prime and highly visible site is not to be missed. Site overlooks Crabtree Valley Mall and 440 Beltline. With zoning of OP-7 in place and the sites unique location which fronts on two separate streets with one being roughly two stories lower, it will be possible to develop a 9 story building. IDEAL USES: Hotel, Office or a mixed use concept that complies with OP-7 UDO requirements. Just minutes from RDU Airport, North Hills, Downtown Raleigh, Briar Creek, Crabtree Valley Mall & 440 Belltline Total of 2 Lots - NOT BEING SOLD INDIVIDUALLY

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Commercial Active

Price

$ 2,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,566

Style

Unimproved Land

Lot Size

1.27

Town/City

Raleigh

County/Region

Wake

MLS | Web ID

10017294

Features
General
Sewer Public Sewer
Zoning OP-7
Stories 7
Property SubType Unimproved Land
County Wake
New Construction N
Property Type Commercial Sale
HOA / Comm Assn N
Attached Garage N
Possible Use Commercial Development Investment Mini-Storage Mixed Use Office Recreational Retail Unimproved Vacant See Remarks
Garage Y/N N
Status Active
Directions TAKE GLENWOOD AVE TO ARROW DRIVE UP THE HILL ON THE RIGHT. 3929 & 3925 ARROW DRIVE
City Raleigh
Buyer Agent Compensation 2.50
View Y/N N
Senior Community Y/N N
Lot Size Square Feet 55321.2
Waterfront Y/N N
Carport Y/N N
Street Name Arrow
Property Attached Y/N N
Tax Annual Amount 6566.62
Lease Considered Y/N N
Virtual Tour https://tours.visualproperties.net/cp/a2f6bb9a/
Availability Date 2024-03-11
Days on Market 45
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Water Source Public
Lot Size Area 1.27
Spa N
Building Area Total 0
Lot Size Acres 1.27
Road Surface Type Asphalt
Lot Size Units Acres
Road Frontage Type Freeway Highway Interstate 2 Lane Road Public Road 6 Lane Road
Open Parking Y/N N
Horse Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Drive
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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* Excluded Features
List By
John Anton

Listing Agent

Steeloak Residential Llc

Broker

Affordability Calculator

$14,518
Per Month
96%
4%
0%
Monthly Principal & Interest
$13,971
Monthly Property Taxes
$547
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
343702 Elementary School
343439 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/15/2024$2,000,000 Listed Price

Map


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3929/3925 Arrow Drive, Raleigh, NC, 27612 is a Commercial Property for sale at $2,000,000 with a lot size of 1.27. 3929/3925 Arrow Drive is a studio with 0.0 baths. The property's zip code is 27612 which is in Raleigh, NC