Commercial Land and Lots - For Sale
6420 Capital Boulevard Raleigh, NC 27616
Details & Description
Price: $6,750,000
  • Property Type Land : Mixed Use Land
  • Lot Size Acres 33.400
  • Land Sq Ft 1,454,904
  • Land Price per Sq Ft $4.64
Foundry Commercial is pleased to offer a highly desirable development tract for sale located along I-540 in North Raleigh. This parcel represent one of the largest tracts of undeveloped land along I-540 in one of the most dynamic retail areas in the Triangle. This ideal location directly on Capital Boulevard/Triangle Town Boulevard, allows convenient access to US-1 Highway/Capital Boulevard, Interstate 540, US-401 Highway. Not only is the location convenient, but flexible zoning allows retail, multifamily, office and mixed-use development. As one of the fastest growing submarkets in the Triangle with increasing infrastructure, population growth, and rising incomes, it's a developer’s dream.
Listing Agents
Karl Hudson
Foundry Commercial
O: 919-987-1012
karl.hudson@foundrycommercial.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.

6420 Capital Boulevard

Raleigh, NC 27616

Listing ID: 230202
$6,750,000
For Sale
  • Property Type Land : Mixed Use Land
  • Lot Size Acres 33.400
  • Land Sq Ft 1,454,904
  • Land Price per Sq Ft $4.64
Description

Foundry Commercial is pleased to offer a highly desirable development tract for sale located along I-540 in North Raleigh. This parcel represent one of the largest tracts of undeveloped land along I-540 in one of the most dynamic retail areas in the Triangle.

This ideal location directly on Capital Boulevard/Triangle Town Boulevard, allows convenient access to US-1 Highway/Capital Boulevard, Interstate 540, US-401 Highway. Not only is the location convenient, but flexible zoning allows retail, multifamily, office and mixed-use development. As one of the fastest growing submarkets in the Triangle with increasing infrastructure, population growth, and rising incomes, it's a developer’s dream.

Attachments & Files

Listing Demographics for 6420 Capital Boulevard Raleigh, NC 27616

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 Population7,64181,452188,371
Population Median Age353637
Population by Age0-9 Yrs992 (12%)10975 (13%)23336 (12%)
10-19 Yrs839 (10%)10366 (12%)24323 (12%)
20-29 Yrs1400 (18%)12181 (14%)26241 (13%)
30-39 Yrs1443 (18%)13056 (16%)29483 (15%)
40-49 Yrs1086 (14%)11675 (14%)27493 (14%)
50-59 Yrs959 (12%)10418 (12%)24233 (12%)
60-69 Yrs535 (7%)7077 (8%)18357 (9%)
70+ Yrs387 (5%)5703 (7%)14904 (7%)
Median HH Income$54,081$61,575$72,394
Total Household Income< 24K608 (17%)4937 (15%)9201 (12%)
25-49K957 (27%)8170 (25%)16045 (21%)
50-74K781 (22%)5604 (17%)13143 (17%)
75-99K532 (15%)4714 (14%)11100 (14%)
100-199K505 (14%)6966 (21%)18796 (25%)
200K+75 (2%)1750 (5%)5943 (8%)
Highest Education LevelNo Diploma500557511142
Diploma or GED835925120357
Some College10801127424420
Assoc. Degree524462211427
Bachelors Degree19411689641896
Higher Degree517736720250
Total Housing Units3,82534,89181,106
--Owner-Occupied1,01716,97445,349
--Renter-Occupied2,44115,16728,878
Owner-Occupied Values< 100K7310752391
100-199K493561614242
200-299K315579113321
300-399K12629418094
400-499K106123217
500K+09394084
Total Working Age Population6,16563,701148,832
In Work Force4,60146,629107,529
Not In Work Force1,56417,07241,303
Workforce Employed4,28144,075102,685
Workforce Unemployed3202,4854,700
Civlian Workforce4,60146,560107,385
Military Workforce069144
Total Households3,45932,14174,228
Family Households1,89820,17847,579
Non-Family Households1,56111,96326,649
Married Couple1,14213,75634,611
Other Family7566,42312,968
Married w/Child5676,54915,686
Single Male w/Child257001,724
Single Female w/Child3672,9545,686

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
North Carolina8,049,313+189,535,483+1110,630,691+1111,836,070
Franklin County47,260+2860,619+1670,212+1681,204
Johnston County121,965+38168,878+26212,401+27269,736
Wake County627,846+44900,993+231,109,883+201,328,336

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.

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