*THIS LOT IS TO BE SOLD WITH 2809 BANKS RD* Located on Banks Rd in South Raleigh, this property offers potential for subdivision, presenting a valuable opportunity for future development, while still providing a rare blend of privacy, acreage, and long-term value in a growing corridor of the city.
Set on a large lot with a semi-rural feel, it delivers the peace and flexibility today's buyers seek, yet remains just minutes from everyday conveniences and vibrant city life.
Grocery and retail options including Harris Teeter, Food Lion, Wegmans, and Costco are nearby, along with additional shopping and services along Fayetteville Rd (US-401). The location allows for easy access to Holly Springs, Angier, Apex, and Raleigh, creating seamless connectivity for both commuting and lifestyle.
Downtown Raleigh's dining scene, food halls, and entertainment are approximately 15-20 minutes away, offering everything from casual favorites to elevated, upscale experiences.
Lot/land
$700,000
2805 Banks Rd, Raleigh, NC 27603
--beds
0baths
8.08Acres
Unimproved Land
Built in ----
8.08 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 227 days
- 286
- 16
Zillow last checked:
Listing updated:
Listed by:
Jacob Ryan de Leon 919-282-4015,
Compass -- Raleigh,
Daniel Gluckin 336-420-0147,
Compass -- Raleigh
Source: Doorify MLS,MLS#: 10143464
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Fencing: Chain Link
Lot
- Size: 8.08 Acres
- Features: Level, Split Possible
- Residential vegetation: Partially Wooded
Details
- Additional structures: Shed(s)
- Parcel number: 069801467304000 0081622
- Zoning: R-30
- Special conditions: Standard
Utilities & green energy
- Sewer: Perc Test Required, Septic Tank, Perc Test Expired
- Water: Shared Well
- Utilities for property: Electricity Available, Septic Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Tax assessed value: $381,637
- Annual tax amount: $2,460
- Date on market: 1/28/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Price change | $700,000-5.4% |
Source: | ||
| 1/29/2026 | Listed for sale | $740,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,461 +3% | $381,637 |
| 2024 | $2,390 +43% | $381,637 +80.2% |
| 2023 | $1,671 +7.9% | $211,795 |
| 2022 | $1,550 | $211,795 |
| 2021 | -- | $211,795 |
| 2020 | $1,484 -25.8% | $211,795 -12.7% |
| 2019 | $2,000 | $242,499 |
| 2018 | $2,000 +56.8% | $242,499 |
| 2017 | $1,275 +2% | $242,499 |
| 2016 | $1,250 -8.4% | $242,499 -10.9% |
| 2015 | $1,364 +5.5% | $272,207 |
| 2014 | $1,294 | $272,207 |
| 2013 | -- | $272,207 |
| 2012 | -- | $272,207 |
| 2011 | -- | $272,207 |
| 2010 | -- | $272,207 |
| 2009 | -- | $272,207 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 27603
Nearby schools
Schools provided by the listing agent
- Elementary: Wake - Vance Elementary
- Middle: Wake - North Garner Middle
- High: Wake - Garner High
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






