Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5

$2,989,990

517 Buck Jones Road, Raleigh NC, 27606

Price per sqft$13.25
Lot size5.18 Acres
Property typeLand
Listing courtesy of NorthGroup Real Estate, Inc.

Overview

Pending

Listed May 7, 2026

Updated Jul 19

Prime Development Opportunity in the Heart of Raleigh!Unmatched potential awaits at 517 Buck Jones Road, featuring an already approved Administrative Site Review (ASR) for a 64-unit multifamily development. Alternatively, the property allows for a transition to a 54-unit townhome community with a minor modification to the existing plan--an option that aligns with the growing demand for flexible housing solutions.Situated in a highly sought-after location, this property offers exceptional accessibility--just 5 minutes to I-440, I-40, Fenton, NC State University, Downtown Cary, and the State Fairgrounds. Its prime position at the nexus of Raleigh's growth makes it an unparalleled investment opportunity in one of the fastest-growing markets in the Triangle.Whether you envision building modern multifamily units or a vibrant townhome community, this site provides the canvas for your development goals. The existing ASR approval and its strategic location reduce development hurdles, giving you a head start on a high-impact project.Seize this rare opportunity to bring your vision to life and shape Raleigh's booming real estate landscape.

Additional information

MLS® ID
10165568

Exterior Features

Lot Size
5.18 Acres

Other Property Details

Taxes
$10,925
Tax Frequency
Annually
View
Yes
55+/Senior Community
No
MLS provider logo

Listed by Charles Santos, , NorthGroup Real Estate, Inc.

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

©2026 Doorify MLS of North Carolina. All rights reserved.

Data last updated 3:10 AM UTC, 7/19/2026

Powered by Luxury Presence