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$515,000 -$385,000 (-42.78%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 2,970 Sq. Ft.
  • 0.49 Acres
  • Updated 2 days ago
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🏗️ 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, 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 $700K).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.

Full Property Details for 5416 Chapel Hill Rd

General

  • Price: $515,000
  • Taxes: $3,150
  • Status: Active
  • Type: Commercial
  • Source: 2218
  • MLS ID: 10132330
  • Updated: 1/16/2026
  • Added to Site: 69 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

  • Structure Type: None
  • Exterior Const.: Brick
  • Building Size: 2970
  • Square Feet: 2,970
  • Year Built: 1930
  • Other Struct. Feat.: Security System

Lot Features

  • Lot Size (Acres): 0.49
  • Lot Size (Sq. Ft.): 21,344.4
  • Lot Dimensions: per deed
  • Zoning: NX-3

Financial Considerations

  • Price Per Acre: $1,051,020.41
  • Tax Amount: $3,150.4

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 784326783
  • Lot Number: BM20

Listed by Coldwell Banker HPW, Marika La Sorsa (919) 906-9560

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Listing agent

— 5416 Chapel Hill Rd —

  • Marika La Sorsa

    Coldwell Banker HPW

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5416 Chapel Hill Rd

School District:Wake County Schools
NameGradesDistance
Kingswood Elementary
200 East Johnson Street, Cary, NC 27513
PK-53.4 mi
Reedy Creek Middle
930 Reedy Creek Road, Cary, NC 27513
6-83.2 mi
Athens Drive High
1420 Athens Drive, Raleigh, NC 27606
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5416 Chapel Hill Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Price Reduced
$515,000
-42.78%
MLS
11/10/2025
Listed
$900,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5416 Chapel Hill Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,150
—
$358,950
—
2024
$3,137
-20%
$358,950
—
2023
$3,922
47%
$357,993
37%
2022
$2,672
4%
$261,897
—
2021
$2,568
2%
$261,897
—
2020
$2,522
-21%
$261,897
-4%
2019
$3,195
6%
$272,233
—
2018
$3,014
5%
$272,233
—
2017
$2,872
2%
$272,233
—
2016
$2,814
1%
$272,233
3%
2015
$2,784
5%
$264,969
—
2014
$2,641
7%
$264,969
—
2013
$2,469
—
$264,969
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5416 Chapel Hill Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Coldwell Banker HPW, Marika La Sorsa (919) 906-9560

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5416 Chapel Hill Road, Raleigh, NC 27606 (MLS# 10132330) is a Commercial property. 5416 Chapel Hill Road is currently listed for $515,000 and was received on November 10, 2025. Want to learn more about 5416 Chapel Hill Road? 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.

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