Rare opportunity to purchase one or two multi-unit sites in one of the hottest development areas in Downtown Raleigh. 525 & 627 Maywood are available separately or as a package. Being nearly identical, there may be permitting and construction efficiencies if both lots are purchased together. Located on each corner of the charming Caraleigh Commons neighborhood in Downtown South, these lots are ready to build out and zoned for 4-6 condominiums. All site improvements and underground utilities are already installed for 4 unit townhouse style condos. Potential exists for up-zoning for up to 12 condos each with skyline views or down zoned to 2 SFH lots each. The development includes a greenspace, a greenway connection and easy access to Dix Park, Farmers Market, and the upcoming Downtown South Development. Broker owned.
Property Details
Property Features
Listing Office:
Office Name: Cityspace Management
Office Phone: (919) 271-1021
Listing Agent: Richard Johnson
Exterior Features
Exterior Information:
View: Downtown, Skyline
Lot Features
Lot Information:
Lot: Curbs
Lot Size: 0.13 Acres
Other
Directions Information:
Directions: Turn from Lake Wheeler to Maywood by the Farmer's Market. Sites are across the street from Trophy Brewing
Price Information
Listing Price Info
Price Summary:
List Price: $475,000
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Housing Market Comparison
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Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Washington Magnet Elementary School
1000 Fayetteville St
Distance between this listing and this school0.87 miles
Public Magnet Grades PK-5
6
/10
Wiley Magnet Elementary School
301 Saint Marys St
Distance between this listing and this school1.65 miles
Public Magnet Grades PK-5
6
/10
Partnership Magnet Elementary School
601 Devereux St
Distance between this listing and this school2.01 miles
Public District Grades PK-5
Nearby Schools
6
/10
The Exploris School
401 Hillsborough St
Distance between this listing and this school1.44 miles
Public Charter Grades KG-8
4
/10
Moore Square Magnet Middle School
301 S Person St
Distance between this listing and this school1.59 miles
Public Magnet Grades 6-8
5
/10
Carnage Magnet Middle School
1425 Carnage Dr
Distance between this listing and this school1.61 miles
Public Magnet Grades 6-8
Nearby Schools
10
/10
Wake STEM Early College High School
715 Barbour Dr
Distance between this listing and this school0.95 miles
Public District Grades 9-12
8
/10
Vernon Malone College and Career Academy
2200 S Wilmington St
Distance between this listing and this school0.97 miles
Public District Grades 9-12
8
/10
Wake Young Women's Leadership Academy
301 Ashe Ave
Distance between this listing and this school1.22 miles
The neighbors living near this home have an average income of $41,857. The majority of Raleigh, NC residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 627 Maywood Ave
What is the listing price of this property?
The listing price of 627 Maywood Ave property is $475,000.
What type of property is this?
The property 627 Maywood Ave is land located in Raleigh, North Carolina, 27603.
Is this property for sale now?
Active Listing: 627 Maywood Ave is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 627 Maywood Ave in Raleigh, NC and zip code 27603 in the Southwest Raleigh neighborhood. This home sits on a 0.13 acre lot. It has been listed on Rocket Homes since June 22, 2024 and is currently priced at $475,000.
In October 2024, from all listings sold in Raleigh, NC there were more than 94 sold above asking price, over 270 sold below and more than 103 were sold right at the asked price. The number of listings in Raleigh, NC increased by 2.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 36 days, the median list price was $442,333.
From Rocket Homes Real Estate and based on county public records data.
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