Exceptional development opportunity in Raleigh's rapidly evolving New Bern Avenue corridor! This 1.63-acre property is zoned OX-5-TOD, offering flexible development possibilities, including multifamily residential, with a five-story height designation. A recorded cross-access easement provides connectivity toward New Bern Avenue and is also well-positioned near the planned Bus Rapid Transit (BRT) improvements. Ideally located near WakeMed Raleigh, I-440, Downtown Raleigh, and the Crabtree Creek Trail. Comprehensive due diligence reports, conceptual plans, and supporting documentation are available upon request. Development subject to applicable approvals.
Lot/land
$645,000
2802 Milburnie Rd Lot 1, Raleigh, NC 27610
--beds
0baths
1.63Acres
Unimproved Land
Built in ----
1.63 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 2 days
- 30
- 3
Zillow last checked:
Listing updated:
Listed by:
Beth Martin 919-395-5193,
EXP Realty LLC
Source: Doorify MLS,MLS#: 10201232
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 1.63 Acres
- Residential vegetation: Wooded
Details
- Additional structures: None
- Parcel number: 172417112444000 0016109
- Zoning: OX-5
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Tax assessed value: $426,018
- Annual tax amount: $3,873
- Date on market: 11/1/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved, Unimproved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2026 | Listed for sale | $645,000-33.8% |
Source:  Doorify MLS #10201232 Report a problem | ||
| 9/28/2026 | Listing removed | $975,000 |
Source: Doorify MLS #10145535 Report a problem | ||
| 4/7/2026 | Price change | $975,000-7.1% |
Source: Doorify MLS #10145535 Report a problem | ||
| 2/10/2026 | Listed for sale | $1,050,000 |
Source: Doorify MLS #10145535 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: East Raleigh
Nearby schools
Schools provided by the listing agent
- Elementary: Wake County Schools
- Middle: Wake County Schools
- High: Wake County Schools
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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