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1250 Person st - The Grey 0.21 Acres of Commercial Land Offered at $549,984 CAD in Raleigh, NC 27601

Commercial Land Properties North Carolina Raleigh 1250 Person st, Raleigh, NC 27601

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Investment Highlights

  • Walkable commercial development opportunity in Downtown Raleigh

Executive Summary

CBRE is pleased to present a rare ±0.21-acre commerical development opportunity in Downtown Raleigh. Located just 0.5 miles from Martin Luther King Jr. Boulevard (21,500 VPD) and S. Wilmington Street (10,000 VPD) signalized intersection, the site is located within The Grey, a nearly sold-out, 100-unit condo community built by Stanley Martin Homes.

Attachments

The Grey Flyer

Property Facts

Price $549,984 CAD Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Office
  • Bar
  • Daycare Centre
  • Health Club
  • Medical
  • Parking Lot
  • Restaurant
  • Veterinarian or Kennel
No. Lots 1 Total Lot Size 0.21 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning PD - Planned Development (City of Raleigh ETJ)
Price $549,984 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Bar
  • Daycare Centre
  • Health Club
  • Medical
  • Parking Lot
  • Restaurant
  • Veterinarian or Kennel
Total Lot Size 0.21 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning PD - Planned Development (City of Raleigh ETJ)

1 Lot Available

Lot

Price $549,984 CAD Lot Size 0.21 AC
Price Per AC $2,618,971.33 CAD
Price $549,984 CAD
Price Per AC $2,618,971.33 CAD
Lot Size 0.21 AC
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Source: Local Logic®

Property Taxes

Parcel Number 1703.16-83-0510-000 Improvements Assessment $0 CAD
Land Assessment $385,704 CAD Total Assessment $385,704 CAD

Property Taxes

Parcel Number
1703.16-83-0510-000
Land Assessment
$385,704 CAD
Improvements Assessment
$0 CAD
Total Assessment
$385,704 CAD
(910) 334-0634

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 39339126

  • Date on Market: 2026-02-05

  • Last Updated:

  • Address: 1250 Person st, Raleigh, NC 27601

The South Central Land Property at 1250 Person st, Raleigh, NC 27601 is currently available. Contact CBRE, Inc. for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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1250 Person st, Raleigh, NC for sale Primary Photo- Image 1 of 2
The Grey Aerial
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1250 Person st - The Grey
(910) 334-0634 x

1250 Person st - The Grey

Tiffany Hilburn
(910) 334-0634

Harrison Benson
(919) 831-8271

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