5740 Chapel Hill (2) - 5740 Chapel Hill Road, Raleigh
5740 Chapel Hill (1) - 5740 Chapel Hill Road, Raleigh
5740 Chapel Hill (3) - 5740 Chapel Hill Road, Raleigh
5740 Chapel Hill (5) - 5740 Chapel Hill Road, Raleigh
5740 Chapel Hill (6) - 5740 Chapel Hill Road, Raleigh
5740 Chapel Hill (7) - 5740 Chapel Hill Road, Raleigh
5740 Chapel Hill (8) - 5740 Chapel Hill Road, Raleigh
7 photos

$1,250,000

5740 Chapel Hill Road
Raleigh, NC 27607
Listed by Meredith Mclaurin Little · Hodge & Kittrell Sothebys INTE
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

**Commercial development opportunity in West Raleigh!** Located along Highway 54, this 2.05-acre parcel offers excellent potential for investors, developers, and business owners seeking a strategic commercial location. Zoned IX-3 (Industrial Mixed Use- 3 stories), the property offers opportunities to explore a variety of potential uses, including flex space, office, light industrial, service-oriented businesses, and other commercial applications. Conveniently positioned between Raleigh and Cary, with access to major transportation routes and proximity to NC State University, this property presents an opportunity to establish a business presence or pursue a commercial development project in an established area of West Raleigh. Explore the possibilities at 5740 Chapel Hill Road!

Property details

MLS
Doorify MLS
MLS #
10201676
Property type
Unimproved Land
Subdivision
N/A
Status
Active
Days on market
1
On market date
November 4, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
2.05 acres
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Kingswood Elementary
3.19 mi away · Grades -1-5
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
448
Student:teacher ratio
12.4:1
District
Wake County Schools
Middle
Reedy Creek Middle
3.09 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
697
Student:teacher ratio
13.9:1
District
Wake County Schools
High
Athens Drive High
1.56 mi away · Grades 9-12
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
2,042
Student:teacher ratio
16.1:1
District
Wake County Schools

Walkability

Blended score for Raleigh's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

79
Walkable
out of 100
EPA National Walkability Index
16.2 / 20 -- Most walkable
Google Places amenity density
75 / 100
Restaurants & cafes10
Grocery stores0
Parks5
Schools3
Transit stops19
Pharmacies3

Market position

How this listing compares to current activity in Raleigh, from live MLS data.

On the market 1 days -- 84 fewer days than Raleigh's current average of 85 days.
For reference, the median list price across 2,794 active listings in Raleigh right now is $380,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$7,678/mo
$250,000 down
$1,000,000 loan
Principal & interest$6,486
Property tax (est.)$1,042
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Doorify MLS. Last updated 1 days ago.

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.

5740 Chapel Hill Road, Raleigh, NC 27607 | $1,250,000