This 0.85 acre site features stunning skyline views and has pre-site plan approval for 10 large townhouse-style condos. It is suitable for a 6 or 7 story building with up to 32 condominium units. It is presently zoned for 3 stories mixed use, but is adjacent to 7 story zoning and would be simple to up-zone to a similar zoning. Currently divided into 5 original lots, the seller will provide recombination documents, certified pre-existing impervious surface certifications and other work products.
Sold for $1,500,000
$1,500,000
722-724 72 S Saunders St #5, Raleigh, NC 27603
--beds
--baths
0.85Acres
Unimproved Land, Land
Built in ----
0.85 Acres Lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 02:11pm
Listed by:
Richard Johnson 919-271-1021,
Cityspace Management
Bought with:
Davis Holt, 275522
Compass -- Cary
Source: Doorify MLS,MLS#: 2518013
Facts & features
Property
Features
- Has view: Yes
Lot
- Size: 0.85 Acres
- Features: Corner Lot, Level
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available
Community & neighborhood
Location
- Region: Raleigh
- Subdivision: Not in a Subdivision
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2024 | Sold | $1,500,000-23.1% |
Source:  Doorify MLS #2518013 Report a problem | ||
| 9/14/2023 | Pending sale | $1,950,000 |
Source: Doorify MLS #2518013 Report a problem | ||
| 6/23/2023 | Listed for sale | $1,950,000 |
Source: Doorify MLS #2518013 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Central
Nearby schools
GreatSchools rating
- 4/10Conn ElementaryGrades: PK-5Distance: 2.2 mi
- 2/10Centennial Campus MiddleGrades: 6-8Distance: 1.3 mi
- 4/10Southeast Raleigh HighGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Wake - Conn
- Middle: Wake - Centennial Campus
- High: Wake - S E Raleigh
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.