Commercial Land
6420 Capital Boulevard Raleigh, NC 27616

Details & Description

Price: $6,750,000

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.

Property ID: 230202
Property URL: melqr.com/230202
Generated: 04-27-24

Listing Agents

Karl Hudson

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.

Commercial Land / North Carolina / Raleigh / 27616 / 6420 Capital Boulevard

6420 Capital Boulevard

Raleigh, NC 27616

Listing ID: 230202

Print Single-Page Version

6420 Capital Boulevard Raleigh, NC 27616 | for Sale | Photo 1

Building Size: --

Lot Size: 33.400 AC

Land Size: 1,454,904 SF

Building $/SF:

Land $/SF: $4.64

Price

$6,750,000

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

valone-ethelmarketing-package33-acre-wLN-XLR.pdf

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

Loan and Amortization Calculator

Listing Price

Down Payment

Loan Amount:

Interest Rate:

Term (months):

Your Monthly Payment

$0.00

Total Principal: --

Total Interest: --

Total Cost: --

Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

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 Population		7,641	81,452	188,371
Population Median Age		35	36	37
Population by Age	0-9 Yrs	992 (12%)	10975 (13%)	23336 (12%)
	10-19 Yrs	839 (10%)	10366 (12%)	24323 (12%)
	20-29 Yrs	1400 (18%)	12181 (14%)	26241 (13%)
	30-39 Yrs	1443 (18%)	13056 (16%)	29483 (15%)
	40-49 Yrs	1086 (14%)	11675 (14%)	27493 (14%)
	50-59 Yrs	959 (12%)	10418 (12%)	24233 (12%)
	60-69 Yrs	535 (7%)	7077 (8%)	18357 (9%)
	70+ Yrs	387 (5%)	5703 (7%)	14904 (7%)

Median HH Income		$54,081	$61,575	$72,394
Total Household Income	< 24K	608 (17%)	4937 (15%)	9201 (12%)
	25-49K	957 (27%)	8170 (25%)	16045 (21%)
	50-74K	781 (22%)	5604 (17%)	13143 (17%)
	75-99K	532 (15%)	4714 (14%)	11100 (14%)
	100-199K	505 (14%)	6966 (21%)	18796 (25%)
	200K+	75 (2%)	1750 (5%)	5943 (8%)

Highest Education Level	No Diploma	500	5575	11142
	Diploma or GED	835	9251	20357
	Some College	1080	11274	24420
	Assoc. Degree	524	4622	11427
	Bachelors Degree	1941	16896	41896
	Higher Degree	517	7367	20250

Total Housing Units		3,825	34,891	81,106
--Owner-Occupied		1,017	16,974	45,349
--Renter-Occupied		2,441	15,167	28,878
Owner-Occupied Values	< 100K	73	1075	2391
	100-199K	493	5616	14242
	200-299K	315	5791	13321
	300-399K	126	2941	8094
	400-499K	10	612	3217
	500K+	0	939	4084

Total Working Age Population		6,165	63,701	148,832
In Work Force		4,601	46,629	107,529
Not In Work Force		1,564	17,072	41,303
Workforce Employed		4,281	44,075	102,685
Workforce Unemployed		320	2,485	4,700
Civlian Workforce		4,601	46,560	107,385
Military Workforce		0	69	144

Total Households		3,459	32,141	74,228
Family Households		1,898	20,178	47,579
Non-Family Households		1,561	11,963	26,649
Married Couple		1,142	13,756	34,611
Other Family		756	6,423	12,968
Married w/Child		567	6,549	15,686
Single Male w/Child		25	700	1,724
Single Female w/Child		367	2,954	5,686

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
North Carolina	8,049,313	+18	9,535,483	+11	10,630,691	+11	11,836,070
Franklin County	47,260	+28	60,619	+16	70,212	+16	81,204
Johnston County	121,965	+38	168,878	+26	212,401	+27	269,736
Wake County	627,846	+44	900,993	+23	1,109,883	+20	1,328,336

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

What is the asking price for 6420 Capital Boulevard in Raleigh?

The asking price for 6420 Capital Boulevard is $6,750,000

How much land does the Raleigh, NC property at 6420 Capital Boulevard include?

6420 Capital Boulevard in Raleigh includes 33.400 acres of land

What kind of Land is the propery at 6420 Capital Boulevard?

The property at 6420 Capital Boulevard Raleigh, NC 27616 is listed as a Mixed Use Land Land property

What is the population within 1 mile of 6420 Capital Boulevard in Raleigh?

The population within 1 mile of 6420 Capital Boulevard Raleigh, NC 27616 is 7,641 people.

Who do I contact for questions about 6420 Capital Boulevard?

You should contact the listing agent, Karl Hudson, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
6412 Capital Blvd, Raleigh, NC	CALL	-	8.5
7851 Target Circle, Raleigh, NC	CALL	-	1.08
6350 Triangle Town Boulevard, Raleigh, NC	$6,000,000	-	23.97
4060 Sumner Boulevard, Raleigh, NC	$933,055	-	1.19
6454 Fox Road, Raleigh, NC	CALL	-	0.22
6850 Litchford Road, Raleigh, NC	$23,500	-	9.26
8600 Falls of Neuse Road, Raleigh, NC	$1,875,000	-	1.69
8600 Falls of Neuse Road, Raleigh, NC	$1,875,000	-	1.69
5100 Forestville Rd, Raleigh, NC	$4,800,000	-	24.79
5020 Forestville Rd, Raleigh, NC	$4,800,000	-	24.79

Closest Commercial Airports

Airport	Distance (mi)
Raleigh Durham International Airport (RDU)	12
Piedmont Triad International Airport (GSO)	78
Roanoke–Blacksburg Regional Airport (ROA)	127