301 West Cabarrus Street

301 West Cabarrus Street, Raleigh, NC 27601

Property Information

  • For Lease Contact for pricing
  • Property Type VacantLand
  • Property Size 1.05 SF
  • Lot Size 1.05 Acre
  • Date Updated May 19, 2026

Description

±1.05-acre Cash-Flowing Redevelopment Opportunity in the Core of Downtown Raleigh

Covered Land Play with In-Place 12-Story Zoning and High-Rise Development Upside

• Upside with leasing the warehouse and ± $52,000 in gross revenue from surface parking in 2025

• Rapid-access surface parking with proximity to Red Hat Amphitheater and Raleigh Convention Center

• Vibrant downtown location with a WalkScore of 91

• In-place DX-12 zoning allowing for higher density development up to 12 stories

• Include ±25,000 SF industrial building

 

1 Space Available

Land Available

Space Type

VacantLand

Lease Rate

Contact for pricing

Total Space

1.05 SF

Divisible Space

1.05 - 1.05 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

±1.05-acre Cash-Flowing Redevelopment Opportunity in the Core of Downtown Raleigh

Covered Land Play with In-Place 12-Story Zoning and High-Rise Development Upside

• Upside with leasing the warehouse and ± $52,000 in gross revenue from surface parking in 2025

• Rapid-access surface parking with proximity to Red Hat Amphitheater and Raleigh Convention Center

• Vibrant downtown location with a WalkScore of 91

• In-place DX-12 zoning allowing for higher density development up to 12 stories

• Include ±25,000 SF industrial building

 

Contacts

Sarah Godwin

Foundry Commercial

Karl Hudson IV

Foundry Commercial

Patrick Stevens

Foundry Commercial

Location

Located at 301 West Cabarrus Street, Raleigh, NC 27601, this property is part of the Downtown Raleigh neighborhood and Raleigh Durham market.

Contact 301 West Cabarrus Street
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