$1,100,000
About this home
At the intersection of Hargett and Person Streets Parking lot next to it is a paid lot Prime Development Opportunity in Downtown Raleigh! Raleigh, NC 27601 Seize a rare opportunity to build your vision in the heart of one of the fastest-growing downtowns in the Southeast. This .11 acre commercial land lot is perfectly situated on East Hargett Street, a location with deep historical roots and now a dynamic corridor positioned for significant redevelopment and growth. The Opportunity: The land has been cleared and Ready to Build Clean Slate: Formerly the site of a popular restaurant, Now a completely cleared lot ready for new construction. Save time and money on demolition, and jump straight into design and development. Ideal Size: This parcel is perfect for a boutique retail, mixed-use, office, or dining concept designed to thrive in a high-density, urban environment. High-Growth Market: Adjacent to Moore Square.Downtown Raleigh's population has significantly increased, drawing in a young, highly educated demographic with an average individual income over $94,000. Capitalize on the demand for new residential, retail, and experiential spaces.
Property details
- MLS #
- 10130352
- Property type
- Unimproved Land
- Subdivision
- Not in a Subdivision
- Status
- Active
- Days on market
- 345
- On market date
- October 29, 2025
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.11 acres
Location
Get directions →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 (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 398
- Student:teacher ratio
- 11.7:1
- District
- Wake County Schools
- Enrollment
- 609
- Student:teacher ratio
- 12.4:1
- District
- Wake County Schools
- Enrollment
- 2,098
- 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).
Market position
How this listing compares to current activity in Raleigh, from live MLS data.
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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.