Selling as-is, 1265 N Raleigh St is a prime opportunity for investors looking to do a full gut rehab, scrape and build, or redevelop. Located just a half-mile from Sloan’s Lake, the lot is zoned G-MU-3 (multi-family up to 3 stories), blending right in with the surrounding triplexes and townhomes.

For multi-family builders, you get a massive head start: the sale includes architectural, civil engineering, and survey design package for a 4-unit apartment building with detached garages. Having this advanced Site Development Plan (SDP) set ready saves tens of thousands in pre-paid design fees and cuts down significant city planning legwork. Build the 4-unit plan, bring your own concept, or fix up the existing structure.