Active

Lot and Land

1508 Stovall Drive
Raleigh, NC 27606

Directions:

Gorman to Kelford to Stoval

Last Modified: Dec 13 2023

County: Wake

MLS #: 2526230

$4,200,000

1508 Stovall Drive, Raleigh, NC 27606


ABOUT

NCSU area Approved 30 unit subdivision in high rent location. Walking distance to NCSU. Seller will have approved Cd's shortly and has recently completed the 2.5 year process for Preliminary Subdivision Approval. Designed for 30 Luxury 4bd 4 bath Townhouse Style apartments with Ample Parking. List price is for raw land with approved Cd's and floorplans. Part of 1508 Stoval was combined with Kent Rd. This is depicted on attached map. Recombination is complete and will be on record in the next 30 days.

FEATURES & AMENITIES

• Current Use: Vacant
• Lot Features: Sloped
• Road Frontage Type: Paved
• Utilities: Cable Available, Electricity Available, Phone Available, Water Available
• Water Source: Public
• Sewer Source: Public Sewer
• Special Listing Conditions: Seller Licensed Real Estate Professional
Courtesy of: Joe Alercia, Apple Realty (MLS# 1710)
Source MLS: DMLS