103 Gary Street, Raleigh, NC

Others for Sale - $700,000 - 1,363 Sq. Ft. on 0.43 acres


Agent Info

Marika Lasorsa
Coldwell Banker Howard Perry and Walston

Property Info

CIMLS#1183913
Location
  103 Gary Street
  Raleigh NC 27607
UpdatedNovember 11th, 2025
TypeOthers
Price$700,000
Building1,363 Sq. Ft.
Land0.43 acres

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. 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). INVESTMENT HIGHLIGHTS: Dual-Parcel Sale: Includes 103 Gary St (duplex/single-family) and 5416 Chapel Hill Rd, creating a significant land assemblage. 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structures are being sold as TEAR-DOWNS, offering a clean slate for your vision without the complications of renovating outdated buildings.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!


Financials


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