3206OldBuffaloeZoningMap - 3206 Old Buffaloe Road, Raleigh, NC 27604, Raleigh
birds eye view - 3206 Old Buffaloe Road, Raleigh, NC 27604, Raleigh
2 photos

$899,000

3206 Old Buffaloe Road, Raleigh, NC 27604
Raleigh, NC 27604
Listed by Jaffar Safe Al Haddad · Best Investment Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1957

About this home

CALLING ALL builders, investors, and developers with a VISION to this Commercially Mixed-Use Zoned Property!(CX-3-GR)This is a RARE commercial opportunity to have a 1.60 ACRE commercial property for many possibilities. This location is highly coveted being off of Capital Blvd. Currently on the land is a 1028 SQFT house that is leased (Can be demolished and turned into whatever is allowed) The City of Raleigh has adopted the The Capital North Corridor Plan and the Comprehensive Plan amendment calls for major investments on Capital Boulevard between I-440 and I-540. This property is in the area of influence which will provide a positive impact. Zoning allows up to 81 units, 62,000 square feet office, 26,000 square feet retail. The possibilities are endless, DON'T MISS this amazing opportunity. Please contact agent for any info

Property details

MLS #
10149688
Property type
Unimproved Land
Subdivision
N/A
Status
Active
Days on market
220
On market date
March 3, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.6 acres
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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).

Elementary
Wilburn Elementary
0.7 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
644
Student:teacher ratio
14.0:1
District
Wake County Schools
Middle
Durant Road Middle
5.16 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
779
Student:teacher ratio
15.0:1
District
Wake County Schools
High
Heritage High
8.75 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
1,921
Student:teacher ratio
18.1:1
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).

82
Highly walkable
out of 100
EPA National Walkability Index
13.8 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks3
Schools8
Transit stops20
Pharmacies4

Market position

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

On the market 220 days -- 117 more days than Raleigh's current average of 103 days.
For reference, the median list price across 2,844 active listings in Raleigh right now is $375,000.

Mortgage calculator

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Est. monthly payment
$5,564/mo
$179,800 down
$719,200 loan
Principal & interest$4,665
Property tax (est.)$749
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated July 30, 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.