2802 Milburnie Rd, Raleigh, NC 27610

Property Description

Exceptional development opportunity in Raleigh's rapidly evolving New Bern Avenue corridor! This 1.63-acre property is zoned OX-5-TOD, offering flexible development possibilities, including multifamily residential, with a five-story height designation. A recorded cross-access easement provides connectivity toward New Bern Avenue. Ideally located near WakeMed Raleigh, I-440, Downtown Raleigh, and the Crabtree Creek Trail, the property is well-positioned near the planned Bus Rapid Transit (BRT) improvements. Comprehensive due diligence reports, conceptual plans, and supporting documentation are available upon request. Development subject to applicable approvals.