Properties - Lauren Stratton Realty
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$5,500,000
34 Days On Site

1501 Carolina Pines Avenue
Raleigh, NC 27603

For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
County:
Wake

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A rare development opportunity in one of Raleigh's fastest-growing corridors. This offering includes five contiguous parcels at 1501, 1511, and 1515 Carolina Pines Avenue, along with 2109 and 2117 Lake Wheeler Road, totaling a substantial assemblage of 8+ acres in a highly desirable location. Situated just minutes from Downtown Raleigh, NC State University, I-40, and the burgeoning mixed-use growth along Lake Wheeler Road, this property provides unmatched visibility and accessibility for future development. Opportunities of this scale are increasingly rare within the city limits, making this assemblage a prime candidate for residential, mixed-use, or commercial development (subject to zoning and city approval). Developers and investors will appreciate both the strong demographic growth in the area and the site's proximity to employment, education, and entertainment hubs. Whether you're looking to create a signature community, a multi-family project, or a high-profile commercial destination, this assemblage represents a once-in-a-generation chance to secure a large development footprint in a premier Raleigh location.

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Listing Snapshot
Price 
$5,500,000
Days On Site 
34 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
8.44 Acres
Year Built 
N/A
MLS® Number 
10120542
Status 
Active
Property Tax 
$1,896.82
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
8.44
Lease Term 
Month To Month
Property Sub Type 
Unimproved Land
Interior Features
Cooling 
Heating 
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Exterior Features
Construction Details 
Unknown
Community Features
Financing Terms Available 
Cash1031 Exchange
Listing courtesy of Jonathan Edmiston of HomeSmart Expert Realty



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2025-10-13 03:48 PM UTC

Neighborhood & Commute
Source: Walkscore
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