Courtesy of: Ron Cooper, The Equity Group
(MLS# 1204)
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About 2040 Milburnie Road, Raleigh, North Carolina, 27610
Note: All Offers Considered! Also there is an adjacent lot to us approx 1/4 acre on Colleton. Builder Investor looking to sell a Homeplan and build for buyer. If property still available maybe an inquiry about selling that land with ours giving a BuyerInvestor nearly an acre of land on this corner of Milburnie/North Raleigh Blvd expanding potential build options! LOCATION, LOCATION, LOCATION; Great corner lot convenient to downtown Raleigh at the intersection of North Raleigh Blvd and Milburnie Road; Outstanding Investment Opportunity; Property Zoned R6 at .7 Acres with the option to pursue multiple build scenarios via subdividing the lot and building single-family, townhomes or duplexes which has to be approved by the Raleigh Planning Department; Raleigh Planning indicates they are receptive to more dense building and possible rezoning based on the new owner interest, again subject to the Raleigh Planning Department Approval: Owner plans to have existing home moved from the lot prior to closing however may be willing to include the home in the sale as-is to the buyer if not able to get it moved in sufficient time. There is a vacant attached lot to our listing on Colleton. If you are able to convince that owner to sell along with buying our property would provide sizeable area on that corner to make a development impact. All Offers presented to Seller!
Utilities : Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
Water Source : Public
Sewer Source : Public Sewer
Road Frontage Type : City Street, 2 Lane Road, 4 Lane Road
Road Frontage Type : Paved
R6
Special Listing Conditions: Standard
Utilities : Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
Water Source : Public
Sewer Source : Public Sewer
Road Frontage Type : City Street, 2 Lane Road, 4 Lane Road
Road Frontage Type : Paved
R6
Special Listing Conditions: Standard
Street Address: 2040 Milburnie Road
City: Raleigh
State: North Carolina
Postal Code: 27610
County: Wake
Directions:
From RDU, go I-40E, Exit 289 Wade Ave, to I-440 and Hwy 1 North, Right Turn Wake Forest Road, Left Turn Brookside Drive, Left Turn Glascock St, Right Turn North Raleigh Blvd, Left Turn Milburnie Road, property on your right.
Property Information :
Listing Status: Active
Lot Size: 0.70 Acres
MLS #: 10105366
Price: $1,150,000
Tax Amount: 3131.94
Last Modified : Oct 7 2025 8:35PM
Courtesy of: Ron Cooper, The Equity Group (MLS# 1204)