Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Howard Perry and Walston

5416 Chapel Hill Road, 
Raleigh, NC 27607

$500,000


4

Beds


2

Baths


2,970

Sq Ft


Single Family

Sold

Bought with RE/MAX United

919-876-8824

MLS#

10141729

Source:

RD

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About This Home

5416 Chapel Hill Road

🏗️ Prime Development Opportunity Near the Fairgrounds !Location, Location, Location! Seize this exceptional opportunity to acquire two adjacent parcels totaling 0.92 acres of highly valuable commercial land, strategically located with unbeatable proximity to the bustling Fairgrounds and the area's planned future development zones.This offering is ideal for developers, rehabbers, investors, and businesses looking to capitalize on a high-growth corridor.Key Investment Highlights: Total Acreage: 0.92 Acres 5416 Chapel Hill rd is .49 acres and 103 Gary St is.43acres Sold separately for $356K).Strategic Location: Direct adjacency and easy access to the Fairgrounds, making it perfect for supporting businesses, hospitality, or mixed-use development (subject to zoning approval).Development Ready: The value lies squarely in the land. Both existing structures are tear-downs, offering a clean slate for your vision. Demolition Quotes Available: We have secured preliminary demolition quotes for both houses to streamline your development timeline and provide immediate clarity on initial costs.

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 1930

Price Summary

515,000

$173 per Sq. Ft.

MLS #:

10141729

Sold:

April 28, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

2,970 Sq. Ft.


Structure

Structure

Architectural Style:

Colonial

Building Area:

2,970 Sq. Ft.

Year Built:

1930


Lot

Lot Size (Sq. Ft):

21,344


Finances & Disclosures

Finances

Price:

$515,000

Price per Sq. Ft:

$173 per Sq. Ft.

5416 Chapel Hill Road
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