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3304 Clearfield Dr
Raleigh, NC 27616
River Hills · Land For Sale · 8.50 AC

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 8.50 AC
Zoning CX-12-CU - Commercial Mixed Use

1 Lot Available

Lot

Lot Size 8.50 AC

±8.50-Acre North Raleigh Multifamily Development Opportunity with In-Place CX Zoning

Description

• Strong in-place zoning supporting by-right multifamily development • Conceptually planned for 259 multifamily units with surface parking • High visibility location with over 1,000 feet of frontage along I-540 (86,000 VPD) • Future Sumner Boulevard extension provides enhanced access to US-1 and I-540 • Robust nearby multifamily rent comparables averaging $1,723 per unit ($1.79 PSF) • Ease of access to employment and amenities in North Hills (13 minutes) and Downtown Raleigh (18 minutes)

Property Taxes

Property Taxes

Parcel Number
1727.14-24-9962-000
Land Assessment
$733,019 CAD
Improvements Assessment
$0 CAD
Total Assessment
$733,019 CAD
  • Listing ID: 40526751

  • Date on Market: 2026-05-14

  • Last Updated:

  • Address: 3304 Clearfield Dr, Raleigh, NC 27616

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