This scan surfaced two genuinely GREAT Raleigh infill plays. First: a luxury lot just listed 3 days ago in Budleigh — directly across from Carolina Country Club — where Copper Builders comped a 2025 build at $500/SF ($1.9M). Second: a corner RX-3 lot near Chavis Park with plans already drawn for 4 townhomes; the anchor comp (402 Chavis Way) sold Aug 2025 at $710K/unit. A Durham multi-unit land play rounds out the batch as MARGINAL pending stream-buffer and access confirmation. No client-requested analyses this run.
| # | Property · Strategy & project cost | List | Net | Margin | Max Offer | Grade |
|---|---|---|---|---|---|---|
| 1 | 1001 Gregg St, Raleigh NC 27601 · Buy land + build 4 townhomes (RX-3 entitled, plans in hand) $1M–$5M project | $575,000 | +$707,382 | 24.9% | $684,000 | GREAT |
| 2 | 107 Edenburgh Rd, Raleigh NC 27608 · Buy lot + build luxury custom home (Budleigh / Carolina Country Club) $1M–$5M project | $499,000 | +$420,636 | 22.1% | $537,000 | GREAT |
| 3 | 212 Alton St, Durham NC 27707 · Buy land + build 4 SF infill homes (RU-5 multi-unit, South Durham) $1M–$5M project | $115,000 | +$291,464 | 16.0% | $80,000 | MARGINAL |
Project cost is the whole job — land, carry, build and financing, everything except selling. Click any property for its full deep-dive. Figures are model outputs on best-effort public listing data — re-verify each listing is active and clear the go/no-go gates before acting.
Luxury Raleigh (27608 Budleigh): 109 Edenburgh Rd, 3,801 SF custom built 2025, listed/sold $1,900,990 ($500/SF); 105 Edenburgh Rd, 6,965 SF built 2026, $2,600,000–$2,700,000 ($374–$388/SF). Chavis Park townhomes (27601): 402 Chavis Way, 1,763 SF SOLD Aug 25 2025 at $710,000 ($403/SF); 414 Chavis Way, 1,764 SF active at $724,900–$732,000 ($411–$415/SF). Durham infill new construction: 1606d Juniper St (2025) $389K/$325SF; 2816 Cascadilla St (2025) $430K/$358SF; 1457b Maplewood Dr (2025) $289K/$242SF — South Durham Hillside Park likely at lower end of that range.
Both Raleigh deals benefit from the same structural advantage: entitled or near-entitled city lots with public sewer in markets where finished product commands $400–$500+/SF. The Budleigh lot (107 Edenburgh) is time-sensitive — it just listed and Copper Builders is already active on the same block. The Gregg St townhome site has sat 107 days with a price cut, suggesting negotiating leverage; the RX-3 zoning and existing plans dramatically de-risk the entitlement phase. Recommended next step: drive both Raleigh sites this week, pull Wake County CAMA on each parcel, and call listing agents to test seller motivation before making offers.