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Sketch Plan ALT #2 Lynnwood Road (2)
Sketch Plan ALT #1 Lynnwood Road
Seller Concept - Elderly Housing
23 photos

$2,200,000

0 Lynnwood Road, Knightdale, NC 27545
Knightdale, NC 27545
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

Prime development opportunity in the heart of Planters Walk, one of eastern Wake County's fastest-growing corridors, just 20 minutes from downtown Raleigh. This rare assemblage features three contiguous parcels (PINs 1744411496, 1744406836, and 1744400376) totaling approximately 11.23 acres with exceptional potential for multifamily, mixed-use, or senior-oriented residential development. Approximately 9.25 acres are zoned RMX, allowing up to 18 units per acre, while an additional 2.68-acre parcel is zoned GR8, allowing up to 8 units per acre. Preliminary discussions with the Town of Knightdale suggest strong potential for townhome development under the current UDO or a thoughtfully designed 55+ community. Positioned within an established neighborhood and surrounded by continued residential and commercial growth, this site offers developers the opportunity to capitalize on increasing demand in the thriving Knightdale market. Conceptual renderings and bullet points from that meeting are available in disclosures.

Property details

MLS #
10171220
Property type
Unimproved Land
Subdivision
Not in a Subdivision
Status
Active
Days on market
85
On market date
June 2, 2026
Stories
N/A
Garage spaces
N/A
Lot size
11.23 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Lockhart Elementary
1.98 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
446
Student:teacher ratio
9.9:1
District
Wake County Schools
Middle
Neuse River Middle
2.84 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
880
Student:teacher ratio
14.0:1
District
Wake County Schools
High
Knightdale High
2.72 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
1,626
Student:teacher ratio
16.6:1
District
Wake County Schools

Mortgage calculator

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Est. monthly payment
$13,399/mo
$440,000 down
$1,760,000 loan
Principal & interest$11,415
Property tax (est.)$1,833
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.