Wendell Commerce Center Multifamily Land
Multifamily
Marketing description
Lee & Associates Raleigh-Durham is pleased to present the opportunity to acquire a multifamily site within the Wendell Commerce Center Planned Use Development (PUD). Strategically located at the intersection of I-87 and US 64 Business (Wendell Boulevard), this ±257-acre development will bring considerable commercial and residential growth to the eastern side of Wake County. The PUD permits up to 650 multifamily units.
With major employers, retail, and residential located in close proximity, this development opportunity is situated in a dynamic live-work-play area in one of the top metro areas of the United States. Within a twenty-minute drive of the property are dozens of amenities, downtown Raleigh and the Raleigh-Durham International Airport.
Investment highlights
Multifamily land for sale in planned-use development in Wendell, NC. The PUD permits up to 650 multifamily units.
Site (Zone 2): ±14.5 acres
Acreage is approximate and will depend on final plat map.
Zoning: Planned Use Development (Approved November 2022)
Staff Level Site Plan Approval
Delivery Conditions: Site delivered graded with all offsites completed, Stormwater completed, & Utilities stubbed (Approx. $3M value)
Sale Price: Contact Brokers
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