0 Lynnwood Road
About this property
Prime development opportunity in the heart of Planters Walk, one of eastern Wake County's fastest-growing corridors, just 20 minutes from downtown Raleigh. This rare assemblage features three contiguous parcels (PINs 1744411496, 1744406836, and 1744400376) totaling approximately 11.23 acres with exceptional potential for multifamily, mixed-use, or senior-oriented residential development. Approximately 9.25 acres are zoned RMX, allowing up to 18 units per acre, while an additional 2.68-acre parcel is zoned GR8, allowing up to 8 units per acre. Preliminary discussions with the Town of Knightdale suggest strong potential for townhome development under the current UDO or a thoughtfully designed 55+ community. Positioned within an established neighborhood and surrounded by continued residential and commercial growth, this site offers developers the opportunity to capitalize on increasing demand in the thriving Knightdale market. Conceptual renderings and bullet points from that meeting are available in disclosures.
About this property
Prime development opportunity in the heart of Planters Walk, one of eastern Wake County's fastest-growing corridors, just 20 minutes from downtown Raleigh. This rare assemblage features three contiguous parcels (PINs 1744411496, 1744406836, and 1744400376) totaling approximately 11.23 acres with exceptional potential for multifamily, mixed-use, or senior-oriented residential development. Approximately 9.25 acres are zoned RMX, allowing up to 18 units per acre, while an additional 2.68-acre parcel is zoned GR8, allowing up to 8 units per acre. Preliminary discussions with the Town of Knightdale suggest strong potential for townhome development under the current UDO or a thoughtfully designed 55+ community. Positioned within an established neighborhood and surrounded by continued residential and commercial growth, this site offers developers the opportunity to capitalize on increasing demand in the thriving Knightdale market. Conceptual renderings and bullet points from that meeting are available in disclosures.
Features and Additional Information
Presented By Coldwell Banker Summit
Area Information
Wake | Wake County | Not in a Subdivision
Schools in the Area
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Elementary SchoolWake - Hodge Road Elementary
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Middle SchoolWake - Neuse River Middle
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High SchoolWake - Knightdale High
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Brokerage: Hodge & Kittrell Sothebys INTE