Last Sold Price
35,283 Lot Size0.81 Acres
5013 Memory Rd, Raleigh, NC 27609

Description

Zone OX-3 (Office Mixed Used) The property was fornerly used as a parking lot. Great zoning includes mult-family-residential and office. Great site to develop for multi-family including townhomes--duplexes--Quads--small apartment complex. No apparent minimum/maximum density requirement. Fantastic location/area for residential development and medical offices. Multi-million dollar improvements being made to properties located at the intersection of Falls of Neuse Rd and Millbrook Rd including a $10...Zone OX-3 (Office Mixed Used) The property was fornerly used as a parking lot. Great zoning includes mult-family-residential and office. Great site to develop for multi-family including townhomes--duplexes--Quads--small apartment complex. No apparent minimum/maximum density requirement. Fantastic location/area for residential development and medical offices. Multi-million dollar improvements being made to properties located at the intersection of Falls of Neuse Rd and Millbrook Rd including a $10 Mill Plus addition to the Quail Corners Shopping Center. Also major re-development of Medical offices at North West side of Millbrook and Falls of Neuse. Walk to Quail Corners Shopping Center where more new restaurants and tenants are being planned to accomodate the new addition. Very near the bus line.
LISTING CLOSED: 10/04/2023 12:00 AM

  1. Listed by Philip P Layton • Market-One Realty, LLC

Property Details for 5013 Memory Road

Status
MLS #
2522604
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Unimproved Land
Year Built
-
Lot Size
0.81 AC
Subdivision
Not in a Subdivision

Recent comparable sales

Median sold price

$546,500

Avg days on market

76

Sale-to-list ratio

89.0%

[Raleigh, NC]

9 comparable properties found

$450,000 | 2210 Spring Forest Road, Raleigh, NC 27615
1/5
1

$450,000

Sold 10/21/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.56
Acres
a view of a wooden fence and trees
1/5
2

$415,000

Sold 02/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.9
Acres
3

$546,500

Sold 04/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
10,818
Square Feet
1.27
Acres
$1,248,000 | 6309 Litchford Road, Raleigh, NC 27615
1/15
4

$1,248,000

Sold 06/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.79
Acres
5

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Sold 10/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,998
Square Feet
Unavailable
Acres
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$425,000

Sold 04/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,350
Square Feet
0.01
Acres
7

$570,000

Sold 01/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,000
Square Feet
Unavailable
Acres
8

$575,000

Sold 02/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,000
Square Feet
0.01
Acres
9

$465,000

Sold 04/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
32,462
Square Feet
1.74
Acres

Location

Listing Courtesy of Market-One Realty, LLC

Sold By Howard Perry & Walston Realtor

Add your commute

Building Information for 5013 Memory Road

Lot Size0.81 AC

Payment Calculator

$3,184 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,796

Property Taxes

$388

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5013 Memory Road

Summary
Location and General Information
  • Topography: Level
  • Zoning: OX-3
  • Directions: Falls of Neuse North TR on Millbrook TR on Memory
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.848376
  • Longitude: -78.612542
  • Road Frontage Type: Has Frontage
  • Road Surface Type: Paved
Taxes and HOA Information
  • Tax Lot: 7
School Information
  • Elementary School: Wake - Millbrook
  • Middle Or Junior School: Wake - East Milbrook
  • High School: Wake - Millbrook
Property
Lot Information
  • Lot Features: General Business District
  • Lot Size Dimensions: 110 x 320
  • Other Structures: Other
Property and Assessments
  • Photos Count: 4
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Water Source: Other
  • Water_Sewer: Other, Public Sewer, Cable Available, Electricity Available, Natural Gas Available
Interior and Exterior Features
Interior Features
  • Interior: Cable Available, Electricity Available, Natural Gas Available
Agent
Sale and Listing
  • For Sale YN: No
  • Property Class Name: Land
Rental
Rental Information
  • Lease Considered: No
  • Lease Term: Month To Month

Property History for 5013 Memory Road

DateEvent & SourcePriceAppreciation
Oct 4, 2023

Sold

TRIANGLEMLS #2522604

$550,000
Oct 4, 2023

Sold

TRIANGLEMLS #2522604

$550,000
Sep 29, 2023

Sold (Public Record)

Public Record #1519728011

$550,000

+7.0% / yr

DateEvent & SourcePrice
10/04/2023

Sold

TRIANGLEMLS #2522604

$550,000
10/04/2023

Sold

TRIANGLEMLS #2522604

$550,000
09/29/2023

Sold (Public Record)

Public Record #1519728011

$550,000

+7.0% / yr

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

Public Records for 5013 Memory Road

Taxable ValueLand$508,090Additions$25,880Total$533,970
Tax Record2025$4,657 ($388 / month)
Home Facts
Beds0Total Finished SqFt1,299 SqFtAbove Grade Finished SqFt1,299 SqFtStories1Lot Size35,284 SqFtStyleSingle Family ResidenceYear Built1960ZoningOX-3CountyWAKEAPN1716.14-43-8912 0005507

Schools near 5013 Memory Road

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 12
Rating
School
Distance
Millbrook Elementary School
PublicPK to 5

East Millbrook Middle
Public6 to 8

Millbrook High
Public9 to 12

Phillips 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5013 Memory Road, Raleigh, NC 27609
$550,000
35,283
1
1,183
34,412
$1,750,000
2
6,572
20,909
30,928
$475,000
1,348
17,859
2
44,431

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 Market-One Realty, LLC

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.