Old Murray Drive Assemblage
Land | 37.75 acres
Marketing description
Situated on Highway 98 between several prominent subdivisions, this assemblage is an exceptional infill residential development opportunity in the Wake Forest submarket where developable sites of substantial size are scarce. Buyer will control annexation allowing for greater land-use flexiblity. With multiple potential access points, utilities availible, gradual slope, and high demand for housing in the area, all this property needs is a savvy developer with the right vision to create Wake Forest’s next great neighborhood.
Investment highlights
Size: ~37.75 AC
Pricing: Contact Brokers
Addresses: 0, 6736, 6724 Old Murray Dr and 1721 Wait Ave
Municipality: Wake County, under Town of Wake Forest ETJ
Current Zoning: Highway District (HD)
Future Land Use: Mixed Residential
Utilities: water, sewer, gas to the site
Access: ~950 ft of frontage on NC-98, current access easement via Old Murray Drive, and potential access via Kings Glen Way
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
