Keller Williams Preferred (NC) & Indy Metro Northeast (IN) - Anabel Haviza
1/27
Listing Courtesy Of: Better Homes & Gardens Real Es, Kathryn MacKinnon
Local Realty Services Provided By: Keller Williams Realty-Cary
Overview
What It'll Cost
Neighborhood
Similar Homes

$6,000,000
611 & 613 Powell Drive, Raleigh, NC 27606
5.85 ac
$6,000,000

611 & 613 Powell Drive, Raleigh, NC 27606

Estimation provided by Keller Williams Realty Inc.
5.85 ac
Active
For Sale

Property Description

One of the LAST large parcels in downtown RALEIGH! Don't miss your chance to own almost 6 acres of property inside the I-40 belt line. Build your own private secluded home or develop into a multiple homesites.

Zoned R4 with ability to build Single Family Homes or 2 townhomes with a 65' width minimum under the conventional development option, see Raleigh UDO for minimum lot requirements. Raleigh UDO: https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance
The lot being sold is approximately 985ft x 252ft.

The property is minutes from Cary, Apex, Garner, Durham, Morrisville, NC State, Bus lines, shopping, restaurants, and entertainment. New SFH in the area selling for around $950k.

Homes are of no value and both parcels of 611 and 613 Powell will only be sold together.

Cameras onsite, please do not walk property without an appointment.

Property Details

Compare This Home
Overview
Property Type
Unimproved Land
Days on Site
58 Days
Parking
No
Anabel & Co. Realty
Indy Metro Northeast
RB14052516

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $6,000,000
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This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
02/01/2025
Listed
$6,000,000
$1,025,641/ac
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2024
$8,870
(+38.09%)
$587,452
Land 882,000 + Additions 136,990
2023
$6,423
(+7.63%)
$587,452
Land 486,000 + Additions 101,452
2022
$5,968
(+4.05%)
$587,452
Land 486,000 + Additions 101,452
2021
$5,736
(+13.58%)
$587,452
Land 486,000 + Additions 101,452
2019
$5,050
(+6.04%)
$587,452
Land 486,000 + Additions 101,452
2018
$4,763
(+5.01%)
$434,060
Land 360,000 + Additions 74,060
2017
$4,536
$434,060
Land 360,000 + Additions 74,060
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

Estimated commute times from Avent West
Car-Dependent Walkable Very Walkable
Anabel & Co. Realty
Indy Metro Northeast
RB14052516

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