
Optima Property Advisors LLC
Listed by Optima Property Advisors LLC
$3,800,000
4044 Yancey Road - LOSO Land
Details
APN 14902201
Property Type Land
Sub Type Commercial
Broker Co-Op Yes
Lot Size (SqFt) 41,599
Zoning TOD-TR
Land | 41,599 SqFt
Marketing description
LAND: The site is approximately 41,599 SF on the tax records and is zoned TOD-TR, allowing up to 50 feet height equal to a 4-story building of retail and offices.
PROPOSED: Broker is a recommending a 2 story retail building with a rooftop bar with surface parking lot. Rental Rates range from $35 to $40 PSF Net. The 2nd proposed use is ground floor Retail for restaurants and 3 floors above for apartments or hotel suites. Broker is seeking pre-leasing of retail space for restaurants.
LOCATION: 4044 Yancey Rd is located within one of the hottest growth corridors in the Carolinas called South End with over 12,000+ apartments, new office towers and retail along a transit line. The site is within 1 block of the two largest breweries in the State and other entertainment venues and office buildings. There are two other breweries, restaurants, pickleball court facility, fitness center, corporate office tenants and located 3 blocks to the LOSO Transit Station.
SUBJECT SITE - TAX ASSESSOR INFO - Parcel ID: 14902201
Zoning: TOD-TR (Transit Oriented Development – Transitional)
Utilities: Water, Sewer, Gas, Electric: Contiguous
Topography: Level
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Optima Property Advisors LLC
Listed by Optima Property Advisors LLC
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