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Investment Highlights

  • ±10-acre land package with 24 recorded lots in a prime Raleigh/Garner location
  • Direct access to I-40 and future I-540 outer loop
  • Adjacent to established McCullers Walk subdivision
  • Located near Costco in a rapidly growing Raleigh–Garner corridor
  • Sanitary sewer line with manholes along southern property boundary
  • Minutes from Eagle Ridge Golf Club and established residential communities

Executive Summary

DEVELOPMENT OPPORTUNITY: ±10-ACRE LAND PACKAGE WITH 24 RECORDED LOTS IN A PRIME RALEIGH/GARNER LOCATION NEAR COSTCO.
Situated along the rapidly growing Raleigh–Garner corridor in Wake County within the Town of Garner jurisdiction, the site offers direct access to I-40 and the future I-540 outer loop. Strong proximity to Wake Tech, major retail, and ongoing residential expansion supports long-term growth.
The property consists of 24 recorded lots across approximately 10 acres, currently zoned R2.
The site presents multiple development pathways, including a traditional residential subdivision or alternative layout depending on builder strategy.
Opportunities of this scale and location are increasingly limited in the Raleigh market.
...

Property Facts

Price $2,612,410 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 10.00 AC
Opportunity Zone Yes
Zoning R2 - The property is currently zoned R2, with potential for higher-density residential zoning per Garner's Future Growth .

1 Lot Available

Lot 49

Price $2,612,410 CAD
Price Per AC $261,241.01 CAD
Lot Size 10.00 AC

±10 acres development opportunity in Raleigh with 24 recorded lots. Located near new Costco with easy access to I-40 and future I-540. Ideal for residential development with subdivision potential. All Lots on Exhibit A

Description

DEVELOPMENT OPPORTUNITY: ±10-ACRE LAND PACKAGE WITH 24 RECORDED LOTS IN A PRIME RALEIGH/GARNER LOCATION NEAR COSTCO. Situated along the rapidly growing Raleigh–Garner corridor in Wake County within the Town of Garner jurisdiction, the site offers direct access to I-40 and the future I-540 outer loop. Located near the established McCullers Walk subdivision, with convenient access to Downtown Raleigh (approximately 10 miles) and major retail anchors including Costco and surrounding shopping centers, reinforcing strong residential demand in the immediate area. The property consists of 24 recorded lots across approximately 10 acres, currently zoned R2. The site presents multiple development pathways, including a traditional residential subdivision or alternative layout depending on builder strategy. Sanitary sewer infrastructure is located along the southern boundary of the property. Water and other utilities are available in the area. The surrounding area continues to experience strong residential growth, with increasing demand for new construction housing in this corridor.

Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
  • Listing ID: 40542046

  • Date on Market: 2026-05-15

  • Last Updated:

  • Address: 0 Fields dr, Raleigh, NC 27603

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