Land

5009 Louisburg Rd

5009 Louisburg Rd, Raleigh, NC, 27616-5212, US

5009 Louisburg Rd_Property for Sale

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Asset Description

+/-20.71 Multifamily Development Site | Raleigh, NC


5009 Louisburg Rd +/-20.71 acre multifamily development opportunity ready for by-right multifamily development up to +/-360 units. This site is one of the last remaining tracts of this size in this corridor, just 3-minutes from the I-540 loop, providing access to three of the region’s largest employment hubs (Downtown Raleigh, Downtown Durham, and the Research Triangle Park) in under 30-minutes. 

Attributes

Land area net
20.71 acres (902,128 sf)

Investment Highlights

  • Opportunity Zone
  • On-Site Utilities
  • 15 Minutes From Downtown Raleigh
  • 360 Multifamily Units By-Right
  • 700’ Frontage on 401 (32,500vpd)

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Last updated
1 Mar 2023