Sold for $550,000 on 10/04/23
$550,000
5013 Memory Rd #7, Raleigh, NC 27609
--beds
--baths
0.81Acres
Unimproved Land, Land
Built in ----
0.81 Acres Lot
$-- Zestimate®
$--/sqft
$1,295 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,295/mo
Zestimate® history
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Owner options
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What's special
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.
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 02:11pm
Listed by:
Philip Layton 919-740-3324,
Market-One Realty, LLC
Bought with:
Jim Allen, 126077
Coldwell Banker HPW
Source: Doorify MLS,MLS#: 2522604
Facts & features
Property
Features
- Has view: Yes
Lot
- Size: 0.81 Acres
- Dimensions: 110 x 320
- Features: Level, Other
Details
- Additional structures: Other
- Zoning: OX-3
Utilities & green energy
- Sewer: Public Sewer
- Water: Other
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available
Community & neighborhood
Location
- Region: Raleigh
- Subdivision: Not in a Subdivision
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2023 | Sold | $550,000-8.3% |
Source: | ||
| 8/4/2023 | Pending sale | $600,000 |
Source: | ||
| 7/20/2023 | Listed for sale | $600,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: Falls of Neuse
Nearby schools
GreatSchools rating
- 5/10Millbrook Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 1/10East Millbrook MiddleGrades: 6-8Distance: 2.1 mi
- 6/10Millbrook HighGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Wake - Millbrook
- Middle: Wake - East Millbrook
- High: Wake - Millbrook
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

