Sold
Last Sold Price
342,381 Lot Size7.86 Acres
500 Rawls Dr, Raleigh, NC 27610
LandProperty Type
7.86 acresLot Size

Description

Inside the Beltline property (Zoned R-10) is fully entitled and shovel ready for 59 townhome lots. Close proximity to Raleigh Country Club, WakeMed Hospital, and I-440 and Wake County’s new $130M Health and Human Services Campus. Less than 4 miles from downtown Raleigh. All due diligence materials (Phase 1, Survey, Topo, Subdivision Plan, Construction Drawings, Construction Bids available) available upon request after NDA is executed. 19,500 VPD on Poole Rd and 112,000 VPD on I-440. All interior...Inside the Beltline property (Zoned R-10) is fully entitled and shovel ready for 59 townhome lots. Close proximity to Raleigh Country Club, WakeMed Hospital, and I-440 and Wake County’s new $130M Health and Human Services Campus. Less than 4 miles from downtown Raleigh. All due diligence materials (Phase 1, Survey, Topo, Subdivision Plan, Construction Drawings, Construction Bids available) available upon request after NDA is executed. 19,500 VPD on Poole Rd and 112,000 VPD on I-440. All interior units are 21' Wide and end units are 24' Wide (with exception of 3 buildings that have 21' Wide end units). Adjacent to The Montage Phase 1 residential development consisting of 60 single family and 32 townhomes. Please no trespassing on the property without seller's consent.
  • Listed by: Nathan Becker • BIG Realty Company
Listing closed: 09/19/2025 12:00 AM • Source: TRIANGLEMLS, MLS#: 2488649

Location

Listing Courtesy of BIG Realty Company
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$16,616 per month

30 year fixed, 6.55% Interest

Principal and Interest

$16,011

Property Taxes

$605

HOA Dues

$0

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Property Information for 500 Rawls Drive

Property Details
  • MLS Type: Land / Unimproved Land
  • County: Wake County
  • View: Yes
  • Subdivision: Not in a Subdivision
Building Information
  • Lot Size: 7.86 AC
Summary
Location and General Information
  • Zoning: R-10
  • Directions: East on New Bern Avenue from Downtown Raleigh. Right on Donald Ross Dr past Raleigh Country Club. Left on Warren Ave to end of street. Alternatively, East on Poole Road past Donald Ross Dr. Left on Rawls Dr to end of street
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.775133
  • Longitude: -78.58881
  • Road Frontage Type: Other
Taxes and HOA Information
  • City Limits YN: Yes
  • Lot Number: 0
  • Restrictive Covenants YN: No
  • Tax Rate: 1
Contract Information
  • Original Listing ID: 2488649
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
School Information
  • Elementary School: Wake - Oak Grove
  • Middle Or Junior School: Wake - Dillard
  • High School: Wake - Enloe
Property
Lot Information
  • Lot Features: Rolling Slope
  • Vegetation: Wooded Description: Hardwoods
  • List PriceAcre: 397837.15
  • Sold PriceAcre: 400763.36
  • Sold PriceList Price: 1.01
Property and Assessments
  • Photos Count: 7
  • Below Grade Finished Area Units: Square Feet
  • Current Use: Vacant
Utilities
  • Sewer: Other
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, None
  • Water Source: Other
  • Water_Sewer: Other, Cable Available, Electricity Available, Natural Gas Available, Phone Available, None
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Interior Features
  • Interior: Cable Available, Electricity Available, Natural Gas Available, Phone Available, None
Agent
Sale and Listing
  • Property Type: Land
  • Property Class Name: CrossProperty

Property History for 500 Rawls Drive

DateEvent & SourcePriceAppreciation
Sep 19, 2025

Sold

TRIANGLEMLS #2488649

$3,150,000
Jun 6, 2023

Pending

TRIANGLEMLS #2488649

Jan 2, 2023

Listed (Active)

TRIANGLEMLS #2488649

$3,127,000
DateEvent & SourcePrice
09/19/2025

Sold

TRIANGLEMLS #2488649

$3,150,000
06/06/2023

Pending

TRIANGLEMLS #2488649

01/02/2023

Listed (Active)

TRIANGLEMLS #2488649

$3,127,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 500 Rawls Drive

Taxable ValueLand-Additions-Total-
Tax Record2025$7,256 ($605 / month)
Home Facts
Beds0Lot Size340,639 SqFtStyleMiscellaneous Vacant LandYear Built1959ZoningR-10CountyWAKEAPN1723.09-17-9392 0066793

Schools near 500 Rawls Drive

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 13
Rating
School
Distance
Oak Grove Elementary
PublicPK to 5

Dillard Drive Middle
Public6 to 8

William G Enloe High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BIG Realty Company

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