PROPERTY OVERVIEW
Situated at the high-traffic intersection of E. Millbrook Road and Falls of Neuse Road, 5013 Memory Road is a current parking lot offering a prime development opportunity. The property is zoned OX-3, allowing for office and mixed-use development up to three stories. The surrounding area is experiencing continued growth, with nearby projects including a new retail addition at Quail Corners Shopping Center (1200 E. Millbrook Road) and a new medical office building (5111 Falls of Neuse Road). Additional walkable amenities include convenient access to a nearby bus line.
Property Type: Land (zoned office/multi-family)
Nearest Interchange: E. Millbrook & Memory Road
Asset Class:
Lot Development
Market Area:
Raleigh
Submarket:
Midtown/North Raleigh
County:
Wake
Location
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Amenities & Conveniences
Convenient to major thoroughfares including Atlantic Avenue, Capital Boulevard, and Wake Forest Road/Falls of Neuse Road.
Near major destinations and developments:
Quail Corners Shopping Center (~0.3 miles)
The Exchange (~1.9 miles)
Midtown East (~2.2 miles)
Capital Crossing (~2.3 miles).
Nearby major districts & cities:
North Hills (~2.7 miles)
Downtown Raleigh (~5.4 miles)
Cary (~13.8 miles)
Raleigh-Durham International Airport (~15.5 miles)
