Prime Development Opportunity in the Heart of Raleigh! Unmatched potential awaits at 517 Buck Jones Road, featuring an already approved Administrative Site Review (ASR) for a 64-unit multifamily development. Alternatively, the property allows for a transition to a 54-unit townhome community with a minor modification to the existing plan—an option that aligns with the growing demand for flexible housing solutions. Situated in a highly sought-after location, this property offers exceptional accessibility—just 5 minutes to I-440, I-40, Fenton, NC State University, Downtown Cary, and the State Fairgrounds. Its prime position at the nexus of Raleigh's growth makes it an unparalleled investment opportunity in one of the fastest-growing markets in the Triangle. Whether you envision building modern multifamily units or a vibrant townhome community, this site provides the canvas for your development goals. The existing ASR approval and its strategic location reduce development hurdles, giving you a head start on a high-impact project. Seize this rare opportunity to bring your vision to life and shape Raleigh's booming real estate landscape. ***Please submit all Highest and Best Offer by 1/31/25 by 5PM*** Please note: There is a pending appeal from a neighboring property regarding the current ASR approval for apartment use. Buyers intending to modify the ASR for alternative uses, such as townhomes, should consult with their legal and planning teams, as this may render the appeal moot.