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611 Powell Drive Raleigh, NC $ 5,750,000
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$ 5,750,000 Get more info
611 Powell Drive
$ 5,750,000
Back to search
Share Save

611 Powell Drive

Raleigh, NC, 27606
$ 5,750,000
Baths0.0

Monthly Estimate*

$ 34,437

611 Powell Drive, Raleigh, NC 27606 - Image 1
611 Powell Drive, Raleigh, NC 27606 - Image 2
611 Powell Drive, Raleigh, NC 27606 - Image 3
Studio

Lots and Land for sale in Raleigh, NC

for $5,750,000. The lot size is 6.04.

PRIME Residential Development Opportunity! 6.04 acres currently zoned R-4 and located within a Transit Overlay District providing flexibility on minimum lot sizes. Minutes away from I440, I40 and US1 with easy access to RDU Airport, area colleges, NC State Fair Grounds and PNC Arena. Powell Dr. offers public water, sewer, Go Raleigh 11L Bus route, BikeRaleigh route, sidewalks and a short walk to Powell Park. New construction on Powell Dr. is ranging between $600 - $700K on lots .12 acres and less. Convenient to RTP, Cary, Morrisville, Apex, and Garner.

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Lots and Land Active

Price

$ 5,750,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 8,342

Style

Unimproved Land

Lot Size

6.04

Town/City

Raleigh

County/Region

Wake

MLS | Web ID

2534503
Features
General
Sewer Public Sewer Septic Tank
Utilities Electricity Available
Zoning R-4
Property SubType Unimproved Land
Current Use Unimproved Vacant
County Wake
New Construction N
Property Type Land
Home Owner Assoc N
Attached Garage N
Subdivision Name Not in a Subdivision
Garage Y/N N
Status Active
Directions From Western Blvd Left on Powell Dr
High School Wake County Schools
City Raleigh
View Y/N N
Senior Community Y/N N
Lot Size Units Acres
Lot Size Square Feet 263102.4
Waterfront Y/N N
Carport Y/N N
Elementary School Wake County Schools
Tax Annual Amount 8342
Middle/Junior High School Wake County Schools
Lease Considered Y/N N
Days on Market 330
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Exterior
Lot Features Sloped
Water Source Public Well
Lot Size Area 6.04
Spa N
Lot Dimensions 258 x 1020 x 258 x 1020
Lot Size Acres 6.04
Road Surface Type Paved
Road Frontage Type State Road 2 Lane Road Public 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
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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* Excluded Features
List By
Audrey Ray

Listing Agent

Northside Realty Inc.

Broker

Affordability Calculator

$35,132
Per Month
98%
2%
0%
Monthly Principal & Interest
$34,437
Monthly Property Taxes
$695
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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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Nearby
3291102 Elementary School
3291101 Middle School
Wake County Schools High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/24/2024$5,750,000 -4.17% Price Down
9/28/2023$6,000,000 Listed Price

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611 Powell Drive, Raleigh, NC, 27606 is a Lots and Land for sale at $5,750,000 with a lot size of 6.04. 611 Powell Drive is a studio with 0.0 baths. The property's zip code is 27606 which is in Raleigh, NC

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