Price Reduction
Address
8801 Glenwood Avenue Raleigh, NC
Price
$ 1,950,000
Property Attributes
  • MLS#2370354
  • TypeLand
  • CountyWAKE
  • CityRaleigh
  • AreaWake
  • NeighborhoodUmstead
  • Zip27617
  • StyleVacant
  • Price$ 1,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6 Acres
Listing Provided Courtesy Of:
DZ Real Estate Solutions, Inc
Data Source:
Triangle MLS
Property Description

This is a prime investment opportunity. 6 acres commercial land in fast-growing northwest Raleigh area, next to Umstead State Park entrance, in the heart of Raleigh/Durham/Chapel Hill triangle metropolitan area. Fronting two roads: 414 feet road front on Hwy 70/Glenwood Ave with 50,000 vehicles per day, and 414 feet road front on Brownleigh Dr. Commercial land on the busy Glenwood Ave are selling around $500,000 per acre. Price reduced from $2,250,000 to $1,950,000 for quick sale.

Elementary School Middle School High School
Wake - Pleasant Grove Elementary School Wake - Oberlin Middle School Wake - Broughton High School
Price History
3/5/2021 Listed $2,250,000
4/7/2021 14% - $1,950,000

General Features

AVM Yes
Elementary School Wake - Pleasant Grove
High School Wake - Broughton
Listing Area Wake
Lot Number NA
Middle School Wake - Oberlin
Perk Test No
Road Frontage 414
Special Conditions No Special Conditions
Status Active
Subdivision Umstead
Topography Rolling
Type Vacant
Utilities Cable Available, Electricity Available, Gas Available, Telephone Available
Water Supply City On Site

Exterior Features

Latitude 35.888866
Longitude -78.74922
Lot Description Wooded Lot
Lot Size Area 6
Road Description Public Maintenance, Street Paved, US Highway
Road Frontage Description Has Frontage
Vegetation Brush, Heavy Wood

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 27617

Price
AVG $1.95M
$1.95M
Visits
AVG 127
128
Walkscore
AVG 32
32
Data Provided by Walkscore ® not using MLS data

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