$12,000,000

4.89± Acres

Active

Wake County, NC

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3151 New Bern, Raleigh, North Carolina

MLS ID: 2538929

Status: Active

Price: $12,000,000

Acres: 4.89±

Type: Unimproved, Land

Address: 3151 New Bern

City, State: Raleigh, NC

County: Wake County

ZIP Code: 27610

Lat/Long: 35.78971, -78.588004

Parcel Number: 1724221587

Description

This property has been rezoned by the City of Raleigh for CX-12-UG-CU (TOD). The zoning allows for a Residential Commercial mix development from 16 to 20 stories possible. Up to 928 units of condos, apartment and or hotel rooms. The City is underway for the first proposed BRT station at this location on New Bern Avenue. In addition to the 928 units, there is 70k square of office and 20k for commercial uses.

Directions: From Hwy 440 and 64 business intersection turn right onto New Bern Ave heading west. The property is located across from Wake Hospital on the right side of New Bern Avenue

Additional Information

Exterior

Lot Features: Sloped

Lot Size Area: 5

Lot Size Dimensions: 247x650x1400x271x635x912

Lot Size Square Feet: 213,008

Road Frontage Type: 4 Lane Road

Road Responsibility: Public Maintained Road

Road Surface Type: Asphalt

Water Source: Public

Financial/HOA/Schools

Elementary School: Wake County Schools

Middle School: Wake County Schools

High School: Wake County Schools

Subdivision Name: Not In A Subdivision

Tax Annual Amount: 24012.78

Zoning: CX12

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Douglas Moore

Angier, North Carolina

(919) 291-6390

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By checking this box, you agree to receive calls, emails, and text messages from M3 Land Company, Inc. at the number provided. We collect your phone number to send SMS communications related to land listings and real estate services. By providing a telephone number and submitting this form you are consenting to be contacted by SMS text message. Message & data rates may apply. Message frequency may vary. Privacy Policy. Reply Help for more information. You can reply STOP to opt-out of further messaging.*

All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of September 11, 2026 at 12:00:00 PM UTC.

Listed By: J.w. Shearin of Coldwell Banker Hpw

3151 New Bern, Raleigh, North Carolina

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Douglas Moore

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