517 Buck Jones Road Raleigh, NC 27606

Other Residential MLS #: 10067280 Courtesy Of B & B Realty Group, LLC dba Keller Williams Preferred Realty

$3,338,900

4.84 acres
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Est. Property Tax: $10,924
Estimated monthly payments: $15,506/mo.* (recalculate)

Property InformationDescription

Prime Development Opportunity in the Heart of Raleigh!

Unmatched potential awaits at 517 Buck Jones Road, featuring an already approved Administrative Site Review (ASR) for a 64-unit multifamily development. Alternatively, the property allows for a transition to a 54-unit townhome community with a minor modification to the existing plan an option that aligns with the growing demand for flexible housing solutions.

Situated in a highly sought-after location, this property offers exceptional accessibility just 5 minutes to I-440, I-40, Fenton, NC State University, Downtown Cary, and the State Fairgrounds. Its prime position at the nexus of Raleigh's growth makes it an unparalleled investment opportunity in one of the fastest-growing markets in the Triangle.

Whether you envision building modern multifamily units or a vibrant townhome community, this site provides the canvas for your development goals. The existing ASR approval and its strategic location reduce development hurdles, giving you a head start on a high-impact project.

Seize this rare opportunity to bring your vision to life and shape Raleigh's booming real estate landscape.

***Please submit all Highest and Best Offer by 1/20/25

by 5PM***
MORTGAGE CALCULATOR

Features

  • Amenities: Dock
  • Architecture Style: Other
  • Lot Size: 4.84 Acres

MAP & DIRECTIONS

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517 Buck Jones Road, Raleigh, NC 27606
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School Information

517 Buck Jones Road, Raleigh, NC 27606

Elementary School
Grades PK-5 | Public School
FARMINGTON WOODS ELEMENTARY SCHOOL
Cary, NC 27511
1413 Hampton Valley Rd
919.­460.3469
Distance: 2.7 mi
School Rating
A
Student:Teacher Ratio
14:1
Total Students
672
Elementary School
Grades PK-5 | Public School
ADAMS ELEMENTARY SCHOOL
Cary, NC 27511
805 Cary Towne Blvd
919.­460.3431
Distance: 1.7 mi
School Rating
B
Student:Teacher Ratio
13:1
Total Students
536
Middle School
N/A
High School
Grades 9-12 | Public School
ATHENS DRIVE MAGNET HIGH SCHOOL
Raleigh, NC 27606
1420 Athens Dr
919.­233.4050
Distance: 1.2 mi
School Rating
B+
Student:Teacher Ratio
17:1
Total Students
2082
Other Nearby Schools Distance Type Grades School Rating
Grace Christian School 0.4 mi Private KG-12
Learn With The Best School, Inc. 0.7 mi Private 1-12
Connections Academy 0.8 mi Public 6-8
Renaissance Montessori School Of Cary 0.8 mi Private PK-KG
Mount Vernon 1.2 mi Public KG-8 C+
The Raleigh School 1.4 mi Private PK-5
Score Academy 1.5 mi Public 9-12 D-
Crossroads Flex 1.5 mi Public 9-12 A-
Dillard Drive Magnet Middle School 1.6 mi Public 6-8 D
Dillard Drive Elementary School 1.7 mi Public PK-5 D
Combs Magnet Elementary School 1.7 mi Public PK-5 B
Adventist Christian Academy Of Raleigh 1.9 mi Private PK-8
Children's Discovery Center 1.9 mi Private PK-TKG
Cardinal Gibbons High School 1.9 mi Private 9-12
East Cary Magnet Middle School 1.9 mi Public 6-8 C-
Cary High School 1.9 mi Public 9-12 B+
Swift Creek Elementary School 2.1 mi Public PK-5 B
Triangle Montessori Academy 2.4 mi Private PK-4
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Raleigh, NC 27606

Median Age: 31.9
Married: 33%
Number of Households: 21,768
Households with Children: 19.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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