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$300,000
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Property Description
Seize this exceptional opportunity to acquire two adjacent parcels being sold together, strategically positioned with unbeatable proximity to the bustling NC State Fairgrounds and Raleigh's high-growth corridor. 103 Gary listed at $700K and 5416 Chapel Hill Rd listed at $900K The value here lies squarely in the land-ideal for developers, investors, or businesses looking to capitalize on future growth and redevelopment (subject to zoning approval). Total Acreage: Consult plat or survey for exact size, but represents a substantial development footprint in a highly desirable area. Immediate Development Potential: Both existing structures are being sold as TEAR-DOWNS, offering a clean slate for your vision without the complications of renovating outdated buildings. Fairgrounds Proximity: Direct adjacency and easy access to the State Fairgrounds-perfect for supporting businesses, hospitality, multi-family housing, or mixed-use concepts. This offering provides a rare chance to secure a key location where the future development of Raleigh is unfolding. Don't miss out on controlling this valuable piece of real estate!
Full Property Details
Full Property Details for 103 Gary St
General
- Sold For: $300,000
- Taxes: $3,011
- Status: Closed
- Type: Commercial
- Source: 2218
- MLS ID: 10132352
- Added to Site: 175 day(s) ago
Location
- County: Wake
- Subdivision: Not in a Subdivision
- Driving Directions: Use GPS
- City Limits: Yes
Heating & Cooling
- Air Conditioning: Yes
Structural Information
- # Buildings: 1363
- Property Detached: Yes
- Structure Type: Duplex
- Exterior Const.: Fiber Cement
- Building Size: 1363
- Square Feet: 1,363
- Year Built: 1988
Lot Features
- Lot Size (Acres): 0.43
- Lot Size (Sq. Ft.): 18,730.8
- Lot Dimensions: Per Deed
Financial Considerations
- Price Per Acre: $827,906.98
- Tax Amount: $3,011.74
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 784326804
Listed by Coldwell Banker HPW, Marika La Sorsa (919) 906-9560
Sold by RE/MAX United, Joe Alercia
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Schools
Schools serving 103 Gary St
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Kingswood Elementary 200 East Johnson Street, Cary, NC 27513 | PK-5 | 3.4 mi |
Reedy Creek Middle 930 Reedy Creek Road, Cary, NC 27513 | 6-8 | 3.2 mi |
Athens Drive High 1420 Athens Drive, Raleigh, NC 27606 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 103 Gary St
Date
Details
Price
Change
Source
4/28/2026
Sold
$300,000
-15.73%
MLS
1/16/2026
Price Reduced
$356,000
-49.14%
MLS
11/10/2025
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
103 Gary Street, Raleigh, NC 27607 (MLS# 10132352) is a Commercial property that was sold at $300,000 on April 28, 2026. Want to learn more about 103 Gary Street? Do you have questions about finding other Commercial real estate for sale in Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.

