2212 Everett Ave, Raleigh, NC, 27607
About This Home
FOR SALE: PREMIER URBAN INFILL DEVELOPMENT SITE 2212 Everett Avenue, Raleigh, NC 27607 Premium Corner Lot | Zoned OX-3 | 100% Parking Exempt THE OPPORTUNITY Position your business or next residential development project in one of West Raleigh’s highest-barrier, most prestigious micro-markets. Located steps from the Oberlin Road transit corridor, The Village District, and NC State University, this high-visibility corner lot offers unmatched versatility for an owner-user flagship headquarters, a luxury live-work walk-up, or a high-density urban residential development. Zoning District: OX-3 (Office Mixed Use – 3 Stories) Lot Dimensions: 48.98’ x 85.48’ (Surveyed: 4,356 Sq. Ft.) Prime Frontage: Corner exposure with ±49 ft on Everett Ave and ±85 ft on Tower St. INVESTMENT HIGHLIGHTS 100% Parking Exempt: Take full advantage of Raleigh UDO Section 7.1.2. Nonresidential structures under 10,000 SF require zero off-street vehicular parking spaces. Maximize your entire building footprint without sacrificing ground-floor square footage to asphalt. High-Density Vertical Potential: Build up to 3 stories (approx. 50 ft max height), yielding a flexible structural envelope perfectly optimized for tight urban footprints. Substantial Yield Potential: Accommodates an estimated 2,828 to 3,539 SF building footprint, paving the way for a total gross floor area of up to 8,485 to 10,618 SF over 3 levels. Unrivaled Infill Location: Immediate access to Wade Avenue, downtown Raleigh, and major medical hubs. Perfect for attracting premium commercial tenants or luxury residential buyers. OPTIMAL DEVELOPMENT SCENARIOS The Live-Work Flagship: Establish your medical, legal, or creative practice on the ground floor while building a private luxury penthouse or income-producing residential spaces on floors 2 and 3. The Standalone Professional Center: Build a 3-story boutique corporate pavilion with maximum corner visibility and clear-span floor plates to house a single high-profile firm or multi-suite investment setup. The Multi-Family Luxury Walk-Up: Deploy high-density urban townhomes or micro-apartments tailored to the submarket's affluent, commuter-heavy professional demographic. See 501 N West Street for comp, https://traded.co/deals/north-carolina/development-site/sale/501-north-west-street/ See 25 Enterprise Street for comparable sale : https://www.zillow.com/homedetails/25-Enterprise-St-Raleigh-NC-27607/6381494_zpid/
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1925
Materials
- Roof: Asphalt
Type & Style
- Home type: SingleFamily
- Architectural style: Conventional
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Washer
- Laundry features: In Unit
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced air,Gas
- Cooling features: Central
Interior Area
- Total interior livable area: 1,135 sqft
Property
Details
- Parcel number: 0794936392
Features
- Exterior features: Vinyl,Wood
- Has view: Yes
- View description: City
Lot
- Lot size: 4,356 sqft
Parking
- Total spaces: 3
- Parking features: Off-street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Heat Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Wake County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,980 | $59,760 |
| Home Insurance * | $287 | $3,444 |
| Property Taxes | $712 | $8,544 |
| Electricity | $200 | $2,405 |
| Total | $6,179 | $74,148 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Listed for sale | $985,000 |
| 2026-04-27 | Listing removed | -- |
| 2025-10-27 | Listed for sale | $985,000 |
| 2025-10-18 | Listing removed | -- |
| 2025-06-23 | Price change | $985,000 |
| 2025-06-07 | Listed for sale | $1,285,000 |
| 2025-06-06 | Pending sale | $1,285,000 |
| 2025-01-27 | Listed for sale | $1,285,000 |
| 2025-01-19 | Listing removed | -- |
| 2024-10-21 | Listed for sale | $1,285,000 |
| 2024-09-17 | Listing removed | -- |
| 2024-06-19 | Listed for sale | $1,285,000 |
| 2024-05-31 | Listing removed | -- |
| 2023-07-16 | Listed for sale | $1,285,000 |
| 2021-03-24 | Listing removed | -- |
| 2020-01-08 | Listing removed | $1,400 |
| 2019-12-08 | Price change | $1,400 |
| 2019-10-18 | Price change | $1,349 |
| 2019-10-08 | Price change | $1,350 |
| 2019-09-14 | Price change | $1,395 |
| 2019-08-15 | Price change | $1,495 |
| 2019-07-13 | Price change | $1,590 |
| 2019-06-12 | Listed for rent | $1,650 |
| 2012-05-09 | Sold | $187,000 |
| 2012-01-29 | Listed for sale | $193,900 |
| 2006-05-12 | Sold | $175,000 |
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