Description of 1501 Carolina Pines Ave, Raleigh, NC 27603
Listing details for 1501 Carolina Pines Ave, Raleigh, NC 27603 : A rare development opportunity in one of Raleigh's fastest-growing corridors. This offering includes five contiguous parcels at 1501, 1511, and 1515 Carolina Pines Avenue, along with 2109 and 2117 Lake Wheeler Road, totaling a substantial assemblage of 8+ acres in a highly desirable location. Situated just minutes from Downtown Raleigh, NC State University, I-40, and the burgeoning mixed-use growth along Lake Wheeler Road, this property provides unmatched visibility and accessibility for future development.
Opportunities of this scale are increasingly rare within the city limits, making this assemblage a prime candidate for residential, mixed-use, or commercial development (subject to zoning and city approval). Developers and investors will appreciate both the strong demographic growth in the area and the site's proximity to employment, education, and entertainment hubs.
Whether you're looking to create a signature community, a multi-family project, or a high-profile commercial destination, this assemblage represents a once-in-a-generation chance to secure a large development footprint in a premier Raleigh location.
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Listing Updated : 04-17-2026 at 7:47 AM EDT
Property Details
Overview
Status
Active
MLS #ID
10120542
Price
$5,200,000
Bedrooms
Bathrooms
Square Footage
Acres
8.44
Year
Days on Site
234
Property Type
Commercial Sale
Property Sub Type
Unimproved Land
Price per Sq Ft
$0
Date Listed
Sep 8, 2025
Community Information for 1501 Carolina Pines Ave, Raleigh, NC 27603
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