Listed by Lee & Associates - Raleigh Durham
Unpriced
Chatham Estates
Details
APN 764923119
Property Type Mixed Use, Land
Sub Type Commercial
Acreage 27.250
Zoning Town Center
Unique Redevelopment Opportunity in Downtown Cary
Marketing description
Lee & Associates Raleigh-durham is Pleased to Offer for Sale a 27.25-acre Land Redevelopment Opportunity in Cary, North Carolina, an Affluent Submarket in the Raleigh-durham Metro. The Site is Situated at the Corner of East Chatham Street and Southeast Maynard Road in Downtown Cary. The Site is Located Minutes From Fenton, a New, High-end Mixed-use Center. Nearby I-40 and I-440 Provide Connectivity to Major Employment Centers Throughout the Region, Including the Weston Parkway Area (9 Minutes), Downtown Raleigh (15 Minutes), and the Research Triangle Park (14 Minutes).
Investment highlights
- Master Plan Potential Across Nearly 30 Acres
- Existing Zoning Supports High Density Residential With Up to 50 Units Per Acre
- Highly Visible Corner With Multiple Access Points
- Growing, Affluent Submarket
- Short-term Cash Flow
- Favorable Landlord Lease Structures to Allow Redevelopment
Listing Contacts
Listed by Lee & Associates - Raleigh Durham
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