1110 Holmes St 7,527 SF Specialty Building Offered at $2,295,000 in Raleigh, NC 27601
INVESTMENT HIGHLIGHTS
- Prime Urban Infill Development Site.
- Walkable to the newly renovated John Chavis Memorial Park.
- Minutes to downtown Raleigh's arts and entertainment districts.
- Surrounded by a mix of new residential development & single-family activity.
EXECUTIVE SUMMARY
Located just minutes from Downtown Raleigh, this 2.43-acre parcel with a 7,527-square-foot church presents a prime opportunity for multi-family development. Situated conveniently near the newly revamped 29-acre John Chavis Memorial Park, as well as the thriving Fayetteville Street and Moore Square districts, this location offers a surplus of amenities. Raleigh's acclaim and national recognition, marked by numerous awards, further enhance the appeal of this site for residential urban infill projects.
Sale included land at 557 Bragg Street.
Sale included land at 557 Bragg Street.
PROPERTY FACTS
| Price | $2,295,000 |
| Price Per SF | $304.90 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 2.43 AC |
| Building Size | 7,527 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Parking Ratio | 3.99/1,000 SF |
| Opportunity Zone |
Yes |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,098,651 | |
| Land Assessment | $1,095,000 | Total Assessment | $2,193,651 |
ZONING
| Zoning Code | R-10 (Residential) |
