*** United States Real Estate, North Carolina Real Estate, Raleigh Real Estate: Commercial for Sale Redevelopment opportunity: 2 properties that are side by side in downtown Raleigh. Almost 2 acres total. - 2725 and 2731 Renfrow Road. One property has month to month residential tenant on land (.61 acres) $450K and the other is vacant land(1.33 acres) $750K.