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5621 Kyle Dr - Kyle Drive Assemblage 1.21 Acres of Commercial Land in Raleigh, NC 27616

Commercial Land Properties North Carolina Raleigh 5621 Kyle Dr, Raleigh, NC 27616

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Investment Highlights

  • Flexible Rezoning Potential
  • City of Raleigh is currently rezoning property in the area to CX
  • In a growing corridor

Executive Summary

Rare 1.21-acre two-parcel assemblage in a growing North Raleigh corridor just off Louisburg Road (US-401). This listing includes 5621 Kyle Drive (PIN 1736166080) and 5615 Kyle Drive (PIN 1736156950). Currently zoned R-10 and marketed with an active rezoning strategy toward higher-density mixed-use (NX/CX). Ideal for neighborhood retail, small commercial, townhomes, or mixed-use redevelopment. Existing homes provide potential interim income while entitlement is pursued. Strong surrounding residential density and corridor growth make this a compelling infill opportunity.

Attachments

Kyle Drive Two Parcel Assemblage

Property Facts

Sale Type Investment or Owner User Property Subtype Commercial
Sale Condition 1031 Exchange Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Auto Dealership
  • Auto Repair
  • Bar
  • Tienda de conveniencia
  • Fast Food
  • General Freestanding
  • Health Club
  • Hold For Development
  • Hold For Investment
  • Lodge or Meeting Hall
  • Loft or Creative Space
  • Neighbourhood Centre
  • Strip Centre
No. Lots 1 Total Lot Size 1.21 AC
Property Type Land
Zoning R10 - R-10 zoning with active rezoning path toward NX/CX mixed-use, supporting higher-density residential, retail, and small-scale commercial redevelopment.
Sale Type Investment or Owner User
Sale Condition 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Auto Dealership
  • Auto Repair
  • Bar
  • Tienda de conveniencia
  • Fast Food
  • General Freestanding
  • Health Club
  • Hold For Development
  • Hold For Investment
  • Lodge or Meeting Hall
  • Loft or Creative Space
  • Neighbourhood Centre
  • Strip Centre
Total Lot Size 1.21 AC
Zoning R10 - R-10 zoning with active rezoning path toward NX/CX mixed-use, supporting higher-density residential, retail, and small-scale commercial redevelopment.

1 Lot Available

Lot

Lot Size 1.21 AC
Lot Size 1.21 AC

Rare 1.21-acre two-parcel assemblage in a growing North Raleigh corridor just off Louisburg Road (US-401). This listing includes 5621 Kyle Drive (PIN 1736166080) and 5615 Kyle Drive (PIN 1736156950). Currently zoned R-10 and marketed with an active r

1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Source: Local Logic®

Property Taxes

Parcel Numbers
Multiple
  • 1736.09-15-6820-000
  • 1736.09-15-6950-000
  • 1736.09-16-6080-000
 Improvements Assessment $635,836 CAD
Land Assessment $410,922 CAD Total Assessment $1,046,758 CAD

Property Taxes

Parcel Numbers
Multiple
  • 1736.09-15-6820-000
  • 1736.09-15-6950-000
  • 1736.09-16-6080-000
Land Assessment
$410,922 CAD
Improvements Assessment
$635,836 CAD
Total Assessment
$1,046,758 CAD
(617) 615-2721

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 39384738

  • Date on Market: 2026-02-10

  • Last Updated:

  • Address: 5621 Kyle Dr, Raleigh, NC 27616

The Greater East Raleigh Land Property at 5621 Kyle Dr, Raleigh, NC 27616 is currently available. Contact KW Commercial N. Raleigh for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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5621 Kyle Dr - Kyle Drive Assemblage
(617) 615-2721 x

5621 Kyle Dr - Kyle Drive Assemblage

Nadim Gebrael
(617) 615-2721

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