Downtown Raleigh Development Site

401 W. Cabarrus St. Raleigh, NC
Call for Pricing

Property Features

  • Price: Call for Pricing
  • Address: 401 W. Cabarrus St.
  • City/State: Raleigh, NC
  • Submarket: Downtown Raleigh
  • Property Type: Land
  • Land Size: 0.61 acres
  • Zonning: DX-12-UL-CU
  • 0.61 Acre site owned by Gentian Group/Maverick Partners (broker owned).
  • DX-12 Zoning (allows for up to 12 stories).
  • Outstanding Downtown Raleigh location.
  • Directly across the street from Kane Realty’s “West End” development planned for the former Clancey and Theys HQ.
  • Steps from all of Downtown Raleigh’s amenities including Red Hat Amphitheater, Raleigh Convention Center, Warehouse District, Union Station, Duke Energy Center, and a myriad of restaurants and nightlife.
  • The two parcels directly adjacent to the subject property may also potentially be available, as Maverick Partners has a relationship with the entity controlling those properties, who have indicated a willingness to sell.
  • These lots would add 0.45 acres to the assemblage, bringing the total land mass to 1.06 acres.
  • DX-5 Zoning (allows for up to 5 stories)
  • Would enable a critical mass of structured parking in order to maximize the total site’s density.

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