Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

937 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

5540 Rock Quarry rd - Gravity Rock Quarry

28.4 Acres of Residential Land in Raleigh, NC 27610

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Executive Summary

The subject Property consists of 28.4 acres of land that is located between Interstate 40, New Hope Road and Rock Quarry Road in the Southeastern region of Raleigh, NC. The Property is also strategically located in close proximity to The Complete 540 project which will improve traffic in peak travel periods on and meets social and economic considerations in eastern and southern Wake county.28.4-acre multifamily development opportunity located in an Opportunity Zone in Raleigh, NC.

Property Facts

Sale Type	Investment	Property Subtype	Residential
No. Lots	1	Total Lot Size	28.40 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	28.40 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Lot Size	28.40 AC

Lot Size	28.40 AC

Description

Avison Young is pleased to present 5504 Rock Quarry Road located in Raleigh, North Carolina. The Property consists of 28.4 acres and is currently zoned R-10-CU providing the opportunity to develop a high-end conventional multifamily project. The Property is situated in the Southeast Special Opportunity Zone neighboring several municipalities that include Raleigh, Knightdale, Garner and Clayton. This particular zone has two census tracts that are experiencing rapid growth. The Southeast Raleigh Opportunity Zone is a high priority area of Raleigh’s economic development where qualifying projects may receive enhanced incentives.

1 of 1

zoning

Zoning Code	R-10-CU
R-10-CU

(919) 291-5650

Contacts

Steven Peden
Kyle Gonzalez
Avison Young

Listing ID: 31584126
Date on Market: 4/23/2024
Last Updated:
Address: 5540 Rock Quarry rd, Raleigh, NC 27610

1 of 4

VIDEOS

3D TOUR

PHOTOS

STREET VIEW STREET

MAP

1/4

5540 Rock Quarry rd, Raleigh, NC for sale Building Photo- Image 1 of 4 — Gravity Rock

5540 Rock Quarry rd, Raleigh, NC for sale Building Photo- Image 2 of 4 — Opportunity Zone

5540 Rock Quarry rd, Raleigh, NC for sale Site Plan- Image 3 of 4 — Site plan

1 of 1

This feature is unavailable at the moment.