Commercial Land
1900 New Bern Avenue Raleigh, NC 27610
Details & Description
Call for Pricing
    9.46 Acres total with 66 Units of housing on site.Highlights66 units of housing siteCity encouraged for density rezoning, plan was submitted for pre-approval (low risk option)3.15% Cap As-Is~6% Cap RenovatedOver 500 surface parked units potentially, some portion affordable required on proposed site planCollect cash during rezoning and site plan processes or seller will cooperate to rezone the property and collect cash during the site plan approval processOn future BRT Line, as shown aboveMidway between thriving Downtown Raleigh and WakeMed's flagship hospital
    Listing Agents
    John Hibbits
    NAI Carolantic Realty
    O: 919-714-7125
    jhibbits@naicarolantic.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1900 New Bern Avenue

    Raleigh, NC 27610

    Listing ID: 189722
    1900 New Bern Avenue Raleigh, NC 27610 | for Sale | Photo 1
    Building Size: --
    Lot Size: 9.460 AC
    Land Size: 412,077 SF
    Building $/SF: --
    Land $/SF: --
    Price
    Call for Pricing
    Description

    9.46 Acres total with 66 Units of housing on site.

    Highlights

    66 units of housing site

    City encouraged for density rezoning, plan was submitted for pre-approval (low risk option)

    3.15% Cap As-Is

    ~6% Cap Renovated

    Over 500 surface parked units potentially, some portion affordable required on proposed site plan

    Collect cash during rezoning and site plan processes or seller will cooperate to rezone the property and collect cash during the site plan approval process

    On future BRT Line, as shown above

    Midway between thriving Downtown Raleigh and WakeMed's flagship hospital

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Raleigh History of Commercial Land for Sale

    Raleigh Area Market Trends

    Listing Demographics for 1900 New Bern Avenue Raleigh, NC 27610

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population12,89386,521219,797
    Population Median Age353534
    Population by Age0-9 Yrs1788 (13%)11340 (13%)26881 (12%)
    10-19 Yrs2068 (16%)10401 (12%)32371 (14%)
    20-29 Yrs2045 (15%)15922 (18%)45922 (20%)
    30-39 Yrs1998 (15%)14884 (17%)33061 (15%)
    40-49 Yrs1599 (12%)11178 (12%)27479 (12%)
    50-59 Yrs1286 (9%)9210 (10%)23007 (10%)
    60-69 Yrs1216 (9%)7731 (8%)17243 (7%)
    70+ Yrs894 (6%)5855 (6%)13832 (6%)
    Median HH Income$35,022$49,051$54,819
    Total Household Income< 24K1517 (34%)7941 (24%)16979 (21%)
    25-49K1290 (29%)8817 (26%)19560 (24%)
    50-74K737 (16%)5699 (17%)14511 (18%)
    75-99K354 (8%)3623 (10%)9207 (11%)
    100-199K412 (9%)4961 (15%)13809 (17%)
    200K+85 (1%)1940 (5%)5144 (6%)
    Highest Education LevelNo Diploma1545868217204
    Diploma or GED20481244626908
    Some College18441117725119
    Assoc. Degree482360710077
    Bachelors Degree13291366836168
    Higher Degree783867321286
    Total Housing Units5,07836,76287,540
    --Owner-Occupied1,81514,42539,404
    --Renter-Occupied2,58018,55739,806
    Owner-Occupied Values< 100K24814923314
    100-199K755576617243
    200-299K32624626653
    300-399K30016454002
    400-499K859972413
    500K+10120645779
    Total Working Age Population10,17569,482177,970
    In Work Force5,73144,984116,472
    Not In Work Force4,44424,49761,498
    Workforce Employed5,11141,978110,318
    Workforce Unemployed6202,9395,999
    Civlian Workforce5,73144,918116,317
    Military Workforce067155
    Total Households4,39532,98379,209
    Family Households2,49216,96644,423
    Non-Family Households1,90316,01634,787
    Married Couple1,1559,97628,807
    Other Family1,3376,99015,615
    Married w/Child4604,24212,609
    Single Male w/Child1008711,941
    Single Female w/Child6173,0996,824

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    North Carolina8,049,313+189,535,483+1210,647,005+1111,847,719
    Wake County627,846+44900,993+241,119,165+211,351,791

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    How much land does the Raleigh, NC property at 1900 New Bern Avenue include?
    1900 New Bern Avenue in Raleigh includes 9.460 acres of land
    What kind of Land is the propery at 1900 New Bern Avenue?
    The property at 1900 New Bern Avenue Raleigh, NC 27610 is listed as a Mixed Use Land Land property
    What is the population within 1 mile of 1900 New Bern Avenue in Raleigh?
    The population within 1 mile of 1900 New Bern Avenue Raleigh, NC 27610 is 12,893 people.
    Who do I contact for questions about 1900 New Bern Avenue?
    You should contact the listing agent, John Hibbits, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Raleigh Durham International Airport (RDU) 12
    Piedmont Triad International Airport (GSO) 77
    Roanoke–Blacksburg Regional Airport (ROA) 131