DOWNTOWN RALEIGH, NC | 301 West Cabarrus Street

Property Overview

±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