Photo
1 photo

$3,450,000

12 N Tarboro Street, Raleigh, NC 27610
Raleigh, NC 27610
Listed by Jun Ma · RED Realty Group, Inc.
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Location, Location, Location! 4 prime lots (12,14,18,20 Tarboro St) on Raleigh East corridor. Half of the whole block. Totally 0.97 Acres in the heart of Downtown Raleigh. Minutes from Raleigh's vibrant urban core, easy access to dining, shopping, entertainment. Diagonally opposite the Edenton St is the Old DMV HQ. City of Raleigh is working on the plan. It will be a community hub. Raleigh Bus Rapid Transit (BRT) has Tarboro stop at the other corner of the Edenton street. Tarboro Community Center is cross the road of Tarboro St. Edenton Court Project site plan already has approved by City of Raleigh which contains 23 townhouses in 3 buildings with 48 parking lots. Each building 3 stories high with flat rooftop terrace. Plans details (site plan and draft building plan) can be provided to serious buyers. With the Zoning changed to RX-4, you have 1 more story to work on the building plan. Zoning is RX-4 with TOD. There is also an opportunity to build 6 stories if you want to do a bigger project. We also have 4 lots (0.46 acres) available cross the Boyer St. Maybe good for a parking building for your 6-story project. Don't miss out on the opportunity to create something special in one of Raleigh's most desirable areas!

Property details

MLS #
10105143
Property type
Unimproved Land
Subdivision
Edenton
Status
Active
Days on market
429
On market date
June 23, 2025
Stories
N/A
Garage spaces
N/A
Lot size
0.97 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Leesville Road Elementary
9.15 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
637
Student:teacher ratio
13.6:1
District
Wake County Schools
Middle
Leesville Road Middle
9.2 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
821
Student:teacher ratio
15.8:1
District
Wake County Schools
High
Leesville Road High
9.28 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
2,622
Student:teacher ratio
19.6:1
District
Wake County Schools

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Est. monthly payment
$20,926/mo
$690,000 down
$2,760,000 loan
Principal & interest$17,901
Property tax (est.)$2,875
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated July 18, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.